Thread regarding Corinthian Colleges Inc. layoffs

Corinthian Colleges, which is now under investigation by at least 15 state attorneys general, the U.S. Justice Department, Consumer Financial Protection Bureau, the Securities and Exchange Commission, and the Department of Education, has a similar website seeking to mobilize its students, faculty, and staff. Like Corinthian's student recruiting tactics, it's full of misinformation. For example, it tells students that programs failing the gainful employment test, as many of Corinthian's might, "would be discontinued or students would be forced to pay for tuition, books and fees without the benefit of federal grants and loans." The truth is, any Corinthian program that flunks the test would be discontinued by the company, since Corinthian gets close to 90 percent of its revenue from federal aid. So scaring students into thinking they would have to start paying for everything is inappropriate.