California Awarded $1.1B Judgment Against For-Profit College

By LeadsConAdminMarch 29, 2016

A San Francisco Superior Court judge has awarded California a $1.17 billion default judgment against the bankrupt operator of for-profit colleges.Corinthian Colleges Inc. filed for bankruptcy in May 2015, and it's unclear if the state can collect. But Attorney General Kamala Harris said the judgment can help former students pay off loans through aid programs.

Read More at abc13.com

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