CFPB probes for-profit colleges over student loans

The Consumer Financial Protection Bureau (CFPB) said it is investigating at least two for-profit colleges, Corinthian Colleges (COCO) and ITT Educational Services (ESI), over possibly illegal practices related to "the advertising, marketing, or origination of private student loans."

Both companies have already disclosed that they have received requests for information from the CFPB over the matter.

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Comments (1)
  • hetudavid
    , contributor
    Comment (1) | Send Message
    Could spell another stock increase for COCO if they can dodge yet another bullet.
    24 Nov 2013, 09:25 PM Reply Like
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