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Corinthian Colleges Inc

  • Most of the campuses being shut are located in California. Earlier this month, the Department of Education fined Corinthian $30 million for misrepresenting job placement rates to students in its Heald College system. Education Under Secretary Ted Mitchell said in a statement on Sunday that the Department of Education will reach out to Corinthian students...

  • April 26- For-profit college operator Corinthian Colleges Inc said it will immediately shut down all its remaining campuses and cease substantially all other operations. Earlier this month, the U.S. Department of Education fined Corinthian Colleges $30 million for misrepresenting job placement rates to students in it Heald College system.

  • WASHINGTON— The Education Department says it will fine Heald College $30 million, alleging the Corinthian Colleges subsidiary engaged in egregious misconduct and misled students. In one instance, the department said, the company's Honolulu campus declared that a graduate had found work in her chosen field of accounting— even though administrators knew she...

  • UPDATE 1-College watch list a 'caution light' Monday, 6 Apr 2015 | 3:11 PM ET

    LOS ANGELES, April 6- Regulators recently made public a once secret watch list of around 550 colleges under scrutiny for financial irregularities. But inclusion on the list doesn't automatically mean the schools are about to fail, according to Department of Education regulators, college officials and even the reporter who triggered the release of the list...

  • COLUMN-College watch list a 'caution light' Monday, 6 Apr 2015 | 11:55 AM ET

    LOS ANGELES, April 6- Regulators recently made public a once secret watch list of 556 colleges under scrutiny for financial irregularities. But inclusion on the list doesn't automatically mean the schools are about to fail, according to Department of Education regulators, college officials and even the reporter who triggered the release of the list with his...

  • WASHINGTON, Feb 3- The U.S. government said on Tuesday that the operators of Corinthian Colleges will agree to provide $480 million in debt forgiveness to students who took out risky private loans. The Consumer Financial Protection Bureau and the Department of Education also said that ECMC Group, the new owner for a number of the colleges, has agreed to cease...

  • Total enrollments at Apollo's flagship University of Phoenix dropped 20.4 percent to 592,853 in the quarter ended Nov. 30. Corinthian Colleges Inc and ITT Educational Services are under the U.S. government's scrutiny over their student loans and placement rates. Phoenix, Arizona-based Apollo forecast revenue of $580 million- $595 million for the second...

  • Corinthian Colleges to sell 56 campuses to ECMC Group Thursday, 20 Nov 2014 | 10:25 AM ET

    Nov 20- Corinthian Colleges Inc said it would sell 56 campuses under its Everest and WyoTech brands to non-profit education provider ECMC Group Inc as part of an agreement with the U.S. education department. The sale of the assets will raise $24 million, half of which will go to the education department under a deal Corinthian signed with the department in July in...

  • WASHINGTON, Nov 6- A group representing for-profit colleges on Thursday filed a lawsuit against the Obama administration's new gainful employment rules that aim to protect students from lackluster degrees and huge debt loads. The Association of Private Sector Colleges and Universities, representing 1,400 institutions, filed the suit at the U.S. District...

  • Oct 30- The U.S. Department of Education will introduce new regulations next year in its latest attempt to improve the job prospects of those graduating from for-profit colleges and universities. "They dropped the cohort default so people say it's less bad than it was three months ago," Steve Gunderson, chief executive of the Association of Private Sector...

  • Oct 30- The U.S. Department of Education will introduce stricter regulations next year in its latest attempt to improve the job prospects of those graduating from for-profit colleges and universities. For-profit institutions, including Apollo Education Group Inc, Corinthian Colleges Inc and DeVry Education Group Inc, have been struggling to attract new...

  • US accuses Corinthian Colleges of predatory lending Tuesday, 16 Sep 2014 | 12:38 PM ET
    An Everest College location in Woodbridge, Virginia.

    Corinthian Colleges' share price plunges after the announcement the Consumer Financial Protection Bureau's lawsuit.

  • Early movers: JPM, GS, JNJ, LO, TWX, TWTR & more Tuesday, 15 Jul 2014 | 8:09 AM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Some of the names on the move ahead of the open.

  • Early Movers: LULU, SNE, S, BA, GM & More Tuesday, 11 Jun 2013 | 7:53 AM ET

    Some of the names on the move ahead of the open.

  • market-insider-stocks-to-watch-AB-200.jpg

    Check out which companies are making headlines after the bell Monday:

  • Stocks End Off Lows, but EU Weighs; Apple Up 3% Thursday, 7 Feb 2013 | 5:12 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S

    Stocks finished well off their earlier lows in volatile trading Thursday, as techs recovered in the final minutes of trading, but brewing worries over Europe kept a damper on gains.

  • Futures Shave Gains After Economic Reports Thursday, 7 Feb 2013 | 8:35 AM ET

    U.S. stock index futures pared their gains Thursday following policy announcements from both the Bank of England and the European Central Bank and as investors digested a pair of mixed economic reports.

  • Does Money Ruin Kids?   Wednesday, 6 Feb 2013 | 4:51 PM ET
    Does Money Ruin Kids?

    Graham Tuckwell is making news for giving away his children's inheritance. CNBC's Robert Frank takes a look at children of the wealthy like Paris Hilton and Ivanka Trump to see if money has "poisoned" them.

  • Sector Snap: Education companies mostly decline Monday, 15 Oct 2012 | 2:22 PM ET

    Recent data released by the Department of Education shows that students at for-profit schools have the highest default rates on student loans.

  • Sector Snap: For-Profit Education Monday, 1 Oct 2012 | 3:27 PM ET

    DeVry Inc. was one of the day's biggest gainers, rising $1.11, or 4.9 percent, to $23.87, after peaking at $25.02 earlier in the day.