ITT Tech became defunct after the Department of Education under President Obama charged the for - profit school with putting
students at financial risk.
Not exact matches
Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college
students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened
risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant
Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all releva
Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed
risks of penalties and
financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all releva
financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading
at all relevant times.
But on the specific issue of attracting high - quality teachers to teach in
at -
risk schools or with difficult
student populations, Jennifer Steele, Ed.D.» 08, says
financial rewards have an impact.
«Richmond is
at risk of creating a two - tiered education system, with only some
students receiving crucial
financial help for college, while others with the same needs are ignored,» says Brian Buttacolvi, who teaches 10th grade English
at Making Waves Academy, a charter school.
A couple of years ago, the D.C. government radically changed the way it provides
financial resources to public schools by adding a weight in the uniform per -
student funding formula for
students considered «
at -
risk».
«Allowing schools that are low - performing and / or financially mismanaged to grow this quickly would dilute the quality of charter schools and increase the number of
students being served by low - performing schools and schools that are
at increased
risk of closure due to
financial problems,» Ellinwood wrote.
Specifically, that local funding truly prioritizes the
students with the highest needs, and that increased
financial flexibility for districts translates into more intentional and effective programs, strategies, and resources for
at -
risk students.
This includes: providing
financial aid information about postsecondary education, encouraging
student enrollment in rigorous and challenging curricula and coursework, implementing activities that help
students obtain a secondary school diploma, supporting
students with completing college applications, providing tutors, conducting outreach programs, helping
students meet state standards, developing graduation and career plans, providing extended day learning programs, or offering other activities designed to ensure secondary school completion and postsecondary enrollment of
at -
risk children.
This past March, the Consumer
Financial Protection Bureau warned banks that they were
at risk for breaking the law by placing borrowers who were current on their
student loan repayments in default when the cosigner on the loan dies or declares bankruptcy.
Because the program is exclusively for
students from lower - income families, Aderant's partnership with Cristo Rey will be working to give «
at -
risk» Atlanta youth their best chance to overcome the
financial and social barriers that limit their educational and professional opportunities.