For those of you wondering, here is the information from ED: “Mr. Fitzgerald and his team will play a critical role in making sure that the Department is provided with an accurate accounting of Corinthian’s operations to ensure students are protected as well as protecting the integrity of taxpayers’ investment,” said U.S. Under Secretary Ted Mitchell. “The monitor will strengthen our efforts to ensure prudent financial management while overseeing an orderly process for students to complete their education – rather than students being left in the lurch as a result of an abrupt closure. With every action we’ve taken, our priority has been, and will continue to be, to put the interest of students first. We are confident that today’s announcement underscores that priority.”
http://www.ed.gov/news/press-releases/education-department-names-seasoned-team-monitor-corinthian-colleges