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Shares of Corinthian Colleges Stock Take Nosedive Over Student Loan Defaults
28 August 08 06:56 PM | Student Loan Girl | 0 Comments   

Despite an 11.5-percent boost in student enrollment and an 18.3-percent growth in revenue over the last quarter, Corinthian Colleges saw its shares tumble in afternoon NASDAQ trading on Tuesday, amid investor fears of rising defaults on the school network’s student loans. Read More...

Filed under: Bloomberg, BMO Capital Markets, career colleges, CLC, college, College Loan Corp, college loans, Corinthian Colleges, credit crisis, default rates, financial aid, Forbes, Jack Massimino, Jeffrey Silber, Kenneth Ord, NextStudent, paying for college, private student loans, Ruthie Ackerman, Sallie Mae, stock values, student loan availability, student loan defaults, Student Loan Express, student loans, subprime, subprime mortgage crisis fallout, trade schools

Trade School Students No Longer Protected Under California Law
07 July 08 04:50 PM | Student Loan Girl | 0 Comments   

California students at for-profit colleges now have fewer legal rights if their institution goes out of business. The state law that regulated for-profit colleges, which enroll some 400,000 students, expired at the end of June and lawmakers recently rejected Read More...

Filed under: Arnold Schwarzenegger, California, California Association of Private Postsecondary Schools, Chronicle of Higher Education, college loans, Corinthian Colleges, financial aid, for-profit colleges, Governor Arnold Schwarzenegger, Los Angeles Times, NextStudent, student loans, trade schools, tuition