Thread regarding Corinthian Colleges Inc. layoffs

Will ECP be the next one down?

"As previously reported, in April 2010 we received ED’s program review report related to the site visit for ECP which occurred in August 2008. The report maintains that ECP failed to make students aware of the total amounts of financial aid for which they were entitled, failed to accurately inform students of the program costs, and delayed disbursements of Title IV funds. The report also contains findings regarding inadequate documentation, verification and availability of records for ED review, and the failure to make certain disbursements. In the report, ED characterizes certain of these findings as misrepresentations by ECP to its students, as a breach of fiduciary duty and as evidencing an intentional evasion of the 90/10 requirements."

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Post ID: @OP+xl9yMv2

7 replies (most recent on top)

Troll

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Post ID: @fth+xl9yMv2

Trolls are just learn in' us, ain't they?

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Post ID: @7ss+xl9yMv2

Totally can tell who has real info and who is a troll, troll. Thanks for the non info. Sad sad stupid dumb f***.

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Post ID: @lMr+xl9yMv2

Of course they will ignore 90/10 at this stage. 90/10 isn't even relevant anymore.

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Post ID: @x5w+xl9yMv2

ECP has 90/10 problems, but will ED ignore it?

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Post ID: @rNC+xl9yMv2

They are referring to Everest institute this week which lost its access to title IV, and ECP being the next DOE target.

I doubt ECP will be next. All the Everest Institues were on the sell off list, so I bet Jack knew they would lose access to federal money, that's why they were already on the teach out list.

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Post ID: @WEZ+xl9yMv2

Old news...get a life.

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Post ID: @MAY+xl9yMv2

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