Thread regarding Career Education Corp. layoffs

Career Education Corp. to forgive $493M in student debt in settlement

Career Education Corp. will offer $493.7M in debt relief to nearly 180K former students in a settlement with attorneys general from 48 states and D.C. that will close out a five-year investigation.

https://seekingalpha.com/news/3420559-career-education-corp-forgive-493m-student-debt-settlement

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Guess it was almost all for uncollectible charges...

https://www.sec.gov/Archives/edgar/data/1046568/000119312519001346/d679911d8k.htm

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