In 2014, the Department of Education alleged that Corinthian Colleges was recruiting students while advertising
inflated job placement rates, for which the Consumer Financial Protection Bureau (CFPB) took action against the school.
Not exact matches
Student advocates say it's wrong to hold students responsible for loans they took out to attend fraudulent for - profit colleges that
inflated their
job -
placement rates and engaged in predatory recruitment and marketing tactics.
Some colleges, mainly for - profit entities, have been accused of defrauding students by
inflating job placement statistics, allowing students to take out private loans at high interest
rates and collecting debt illegally.