Thread regarding Education Management Corporation layoffs

Corinthian College gets into yet another lawsuit by the Consumer Financial Protection Bureau. Stocks plummeted after the news.

"alleged that Corinthian lured its students to take out expensive federal and private loans by giving them false and misleading representations about career opportunities and job placement assistance." Sound familiar?

http://www.usatoday.com/story/money/business/2014/09/16/corinthian-colleges-lawsuit/15720433/

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EDMC is one lawsuit away from this happening. There are so many on their table already. I wonder how much money they spend in legal fees?

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