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Wyotech News

For-profit colleges told to pay $1.1 billion for business conduct

San Francisco - A group of for-profit colleges that were well-known in the Bay Area were ordered Wednesday to pay more than $1.1 billion for false advertising and overly aggressive loan collection.

Corinthian, Heald technical colleges close abruptly

Santa Ana - More than two dozen for-profit technical colleges — most in the San Francisco Bay Area — closed abruptly on Monday, leaving thousands of students without classes or degrees but with thousands of dollars of debt.
 

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