Thread regarding Corinthian Colleges Inc. layoffs

Dems want further scrutiny of ECMC purchase of CCi

http://www.businessweek.com/articles/2014-12-04/congressman-urge-government-to-scrutinize-corinthian-deal

A group of democratic Congressmen wrote a letter to Education Secretary Arne Duncan Tuesday urging him to "carefully scrutinize" the proposed sale of for profit college behemoth Corinthian Colleges to a student loan debt collector with a troubled record. The debt collector, ECMC, has been criticized widely for hounding bankrupt students in court and using extreme arguments to deny borrowers any relief on their loans.

by Anonymous51361
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Post ID: @OP+yTgsPvf
Comment! It's anonymous!

9 replies (most recent on top)

Actually no, But I am pretty sure you are an MSNBC drone

by Anonymous51873
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Post ID: @4CHV+yTgsPvf

563: Yes, that is why states like CA, NY, MA, DC, etc. are so conservative and OK, AL, KY, WV, etc. are so liberal. You are indeed a Fox News guy aren't you?

by Anonymous51710
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Post ID: @3f2b+yTgsPvf

The real reason is this.. What is a Democrat with a good paying job? A REPUBLICAN.. Damn they just gave 5 million undocumented democrats permission to stay. They do not want to lose them!

by Anonymous51563
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Post ID: @2BF2+yTgsPvf

bingo 394

by Anonymous51422
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Post ID: @PeO+yTgsPvf

368: You manage to convey an impressive amount of douchebaggery in two lines...I'm impressed. As far as ECMC goes, the pressure isn't to stop the deal necessarily. The politicos (and some well-placed peeps at ED) are signalling to accrediting agencies and their own ED audit staff to keep scrutinizing us and to pounce hard if we mess up again. There are a lot of power players unhappy with this deal and just looking for an excuse to say "I told you so."

by Anonymous51394
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Post ID: @KDP+yTgsPvf

That's great news...at least someone is taking notice that this may not be a good idea

by Anonymous51373
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Post ID: @QE0+yTgsPvf

If AD doesn't dig in, he is an even bigger part of the problem

by Anonymous51369
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Post ID: @dxj+yTgsPvf

365 - they won't and you just hope because you want to get an extension on that unemployment check and a bonus on your EBT - BTW - McDonald's accepts EBT but I bet you already knew that...

by Anonymous51368
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Post ID: @G81+yTgsPvf

Thank God! The whole thing stinks to high heaven. Hope they stop the deal.

by Anonymous51365
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Post ID: @RFj+yTgsPvf

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