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UPDATE, APRIL 27, 8:54 A.M.: The final item in a Weekender Updater post a couple weekenders ago was on Corinthian Colleges being fined $30 million by the U.S. Department of Education for overstating job placement rates for graduates, which was just the latest government smack down of the Santa Ana-based chain of diploma mills. Sunday, …

Continue reading “Workers and Students Scramble as Corinthian Colleges Closes Its Remaining For-Profit Schools”

Corinthian Colleges, a for-profit education company based in Santa Ana, made gains this year that shot its stock price up 12.1 percent as of the close of trading Monday. But those gains were gone by Tuesday. ] That's when a Securities and Exchange Commission (SEC) investigation into the firm's student-recruitment practices became known by New …

Continue reading “Corinthian Colleges Stock Stung by SEC Probe”