College ordered to pay over $1 billion for misleading students

By Jillian Berman A California judge ordered a now-defunct for-profit college chain to pay more than $1 billion Wednesday over claims the company misled students and investors. The judgment is the latest step in a suit filed against Corinthian Colleges and its California subsidiaries by California Attorney General Kamala Harris in 2013. In the more than 20 page document, Judge Curtis Karnow ordered the school to pay $820 million to affected students and more than $350 million in civil penalties. Read the full article here: http://www.marketwatch.com/story/for-profit-college-ordered-to-pay-over-1-billion-for-misleading-students-2016-03-24?siteid=yhoof2

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