For-profit Corinthian Colleges slapped with $30 million fine over false job numbers
Corinthian Colleges Inc. has been hit with a $30 million fine by the U.S. Department of Education, which says that the for-profit college operator has been falsifying job placement rates to students in its Heald College system.
Heald College has campuses in California, Hawaii, and Oregon, and the Department of Education found 947 cases of false placement rates, including some instances where Heald College paid companies to create temporary jobs for graduates so they could be counted as placements, the Los Angeles Times reports. Some of those jobs, the Department of Education says, lasted only two days. U.S. Under Secretary of Education Ted Mitchell said in a statement that Corinthian "violated students' and taxpayers' trust," and did not provide "clear and accurate information to help students choose which college to attend."
Corinthian was once one of the largest for-profit operators in the United States, but last June, the Department of Education announced it would restrict federal aid to the company because of concerns that they were not using accurate job placement data. Corinthian agreed to sell off most of its schools, and a majority sold to a nonprofit student loan servicer last November. Corinthian still owns some schools, like Heald, but the Department of Education said that Heald College can no longer enroll students, and must help current students either finish their education or complete it at a different college.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
Experts call for a Nato bank to 'Trump-proof' military spending
Under The Radar A new lender could aid co-operation and save millions of pounds, say think tanks
By Chas Newkey-Burden, The Week UK Published
-
Inside Chopard's hotel on Place Vendôme
The Blend Swiss jewellery maison Chopard unveils its new jewel, an ultra-exclusive Parisian hotel that elevates the art of hospitality
By Felix Bischof Published
-
Today's political cartoons - October 14, 2024
Cartoons Monday's cartoons - Columbus Day, the death of satire, and more
By The Week US Published
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstances
Speed Read
By Peter Weber Published
-
Western mountain climbers allegedly left Pakistani porter to die on K2
Speed Read
By Justin Klawans Published
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governor
Speed Read
By Peter Weber Published
-
Los Angeles city workers stage 1-day walkout over labor conditions
Speed Read
By Justin Klawans Published
-
Mega Millions jackpot climbs to an estimated $1.55 billion
Speed Read
By Catherine Garcia Published
-
Bangladesh dealing with worst dengue fever outbreak on record
Speed Read
By Catherine Garcia Published
-
Glacial outburst flooding in Juneau destroys homes
Speed Read
By Catherine Garcia Published
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creature
Speed Read
By Justin Klawans Published