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Company: Corinthian Colleges Inc.
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $30,000,000
Year: 2015
Date: April 14, 2015
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Mega-Scandal:
Student Loan and For-Profit College Abuses
Violation Description: The Department of Education fined Corinthian Colleges $30 million for misrepresenting the job placement rates for its graduates.
Level of Government: federal
Action Type: agency action
Agency: Education Department
Civil or Criminal Case: civil
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.