trade schools finally busted in california

Wolfstrike

Gold Member
Jan 12, 2012
2,237
431
160
Los Angeles
http://www.latimes.com/business/la-fi-corinthian-shutdown-20150427-story.html#page=1


Corinthian colleges, which owns a number of trade schools got slapped with a 30 million dollar fine for misrepresenting job placement.
federal grants were cut off

unfortunately , 10000 students won't get their diploma.

(fyi 10,000 x 10,000 = 100 million. 30 million dollar fine whooooo)

the government waits 20 years for these companies to get rich, then tells them they need to pay 30 million for ripping people off.
the company closes their doors and files bankruptcy, then says "there's no company called Corinthian"
then the government says "let me check the roster. You Right! ...guess you don't have to pay."
 

Forum List

Back
Top