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FROM THIS EPISODE

Federal and state probes of for-profit colleges have come to a head in Santa Ana, the headquarters of Corinthian Colleges. Amid charges of misrepresentations to low income students, Washington has cut off the pipeline of education loans that keeps the colleges in business. 85 campuses, including all in California, will be sold; 12 will be closed.

Banner Image: Everest College, one of the schools operated by Corinthian Colleges, Inc.; Credit: Jeramy Jannene

Producers:
Jenny Hamel
Kareem Maddox

Orange County-Based Corinthian Colleges Selling Most Campuses 22 MIN, 19 SEC

As part of a deal with the federal government, Corinthian Colleges of Santa Ana is selling or shutting down almost 100 of its for-profit campuses across the country. This comes after more than a year of state and federal investigations into accusations of false advertising aimed at low income students who qualify for large federal loans. Many graduates say that promises of job placement have not panned out, and the Department of Education is withholding loan money. It says Corinthian falsified job placement and academic records and refused to turn over some documents.

Guests:
Chris Kirkham, Los Angeles Times (@c_kirkham)
Kent Jenkins, Corinthian Colleges (@cci_)
Eva Garcia, Everest College in the City of Industry graduate

More:
Corinthian boosted figures to obtain federal funds

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