Thread regarding Perdoceo (formerly Career Education Corp.) layoffs

Borrower Defense Claims Surpass 750,000. Consumers Empowered. Subprime Colleges and Programs Threatened.

As of January 2023, there are more than ¾ of a million Borrower Defense claims against schools. And each month, about 16,000 new claims are added. Those claims are disproportionately made against a number of for-profit colleges and formerly for-profit colleges, what we call “subprime colleges.”

Some of these subprime schools have closed (ITT Tech, for example), some remain in business as for-profit colleges (like University of Phoenix), some have changed names and become non-profit robocolleges (like Purdue University Global, University of Arizona Global Campus, and the Art Institutes), and some schools act like for-profit colleges regardless of tax status (like Liberty University Online and some graduate programs offered by 2U).

| 765 views | | 2 replies (last April 5, 2023)
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Student debtors can get support here...

Post ID: @kkyh+1lFQUKL2

18,760 claims up to January 2022...

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