Thread regarding Corinthian Colleges Inc. layoffs

Hmmmm . . . .

Most students attending Corinthian’s schools are low-income, or the first

in their families to seek an education beyond a high school diploma. Many Corinthian

students struggle economically. In 2012, Corinthian reported that approximately 85%

percent of its students had family incomes of less than $45,000 a year. A 2011 survey of

Case: 1:14-cv-07194 Document #: 1 Filed: 09/16/14 Page 8 of 39 PageID #:89

its campus operations indicated that over 57% of Corinthian’s student population had a

household income of $19,000 or less, and 35% of Corinthian’s student population had a

household income of less than $10,000.

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Post ID: @OP+xCxP3Yc

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Thanks for the stats. The problem is students think the federal government loan is one big welfare check. They don't make any payments, they run to default.

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Post ID: @2ur0+xCxP3Yc

In 2013, tuition and fees to earn a

diploma from a Corinthian school, typically an 8 to 12 month program, were between

$13,100 and $21,338. In the same year, the tuition and fees for an associate’s degree,

which is a 24 month program, were between $33,120 and $42,820. The tuition and fees

for a bachelor’s degree for the same time period were between $60,096 and $75,384.

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Post ID: @pBG+xCxP3Yc

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