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Corinthian Colleges Inc

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  • Billions of GI Bill funds go to for-profit schools Wednesday, 30 Jul 2014 | 12:02 AM ET

    Tom Harkin, D- Iowa, a critic of the for-profit education industry who chairs the Senate Health, Education, Labor and Pensions committee, finds that for-profit colleges received $1.7 billion in Post-9/11 GI Bill benefits in the 2012-2013 school term.

  • Corinthian Colleges Inc is the first university operator in the United States to feel the force of a government crackdown on the $28 billion for-profit education sector. As part of an agreement with the Department of Education- the same deal to which Wickiser's login page made reference- Corinthian has six months to sell most of its campuses or close them down.

  • New York opens inquiry into DeVry advertising Friday, 18 Jul 2014 | 12:41 PM ET

    Besides its namesake school, DeVry University, it also runs American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College, Chamberlain College of Nursing, Ross University School of Medicine and Ross University School of Veterinary Medicine.

  • Prosecutor to monitor for-profit college chain Friday, 18 Jul 2014 | 11:00 AM ET

    WASHINGTON— Former federal prosecutor Patrick Fitzgerald has agreed to serve as an independent monitor of a troubled for-profit education company serving 72,000 students that has agreed to sell or close its campuses, the Education Department said Friday.

  • July 4- Corinthian Colleges Inc said late on Thursday that it had reached a deal with the U.S. Department of Education to sell most of its 107 campuses and wind down others, underscoring some of the struggles facing for-profit colleges across the country. Last month the company said it was receiving $16 million in federal aid from the Department of Education.

  • June 23- Corinthian Colleges Inc said it would receive $16 million in federal aid from the U.S. Department of Education that would prevent the for-profit education provider from a cash shortfall.

  • June 23- Corinthian Colleges Inc said it reached an agreement with the U.S. Department of Education that would prevent the for-profit education provider from having a cash shortfall.

  • June 23- Corinthian Colleges Inc said it reached an agreement with the U.S. Department of Education that would prevent the for-profit education provider from having a cash shortfall.

  • *Department of Education raises financial oversight. June 19- For-profit education provider Corinthian Colleges Inc said Its ability to continue as a going concern was in jeopardy after the U.S. Department of Education extended the waiting period to draw down federal student aid funds.

  • June 19- Corinthian Colleges Inc, a U.S. for-profit education provider, said it may not be able to continue as a going concern after the Department of Education delayed some reimbursements related to a student loan program.

  • Corinthian Colleges raises "going concern" doubts Thursday, 19 Jun 2014 | 9:08 AM ET

    June 19- Corinthian Colleges Inc, a U.S. for-profit education provider, said it may not be able to continue as a going concern after the Education Department delayed some reimbursements. The Education Department has increased the period in which Corinthian is refunded some disbursements to 21 days from 24-72 hours, Corinthian said in a regulatory filing.

  • May 22- ITT Educational Services Inc, a for-profit college operator, withdrew its full-year forecast and warned of a fall in new enrollment after rising for three straight quarters, adding to the uncertainty surrounding the sector.

  • *Board hires Barclays to explore strategic options. May 6- Corinthian Colleges Inc said it has breached debt covenants due to $76.5 million in charges, and said it had hired Barclays Plc to explore strategic options.

  • *Third-quarter profit $0.03/ shr vs est. May 6- Corinthian Colleges Inc said it would explore strategic alternatives as student enrollments decline and the company faces potential legal action from U.S. regulators. The California- based company faces potential legal action from U.S. consumer regulators over issues related to student loans.

  • May 6- Corinthian Colleges Inc said it would explore strategic alternatives as student enrollments decline and the company faces potential legal action from U.S. regulators. The for-profit education company said its board had authorized the retention of an investment bank to explore its options.

  • WASHINGTON, March 14- For-profit colleges on Friday criticized the Obama administration's proposal to deny federal funding to career-training institutions that students leave with high levels of debt.

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  • 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.