For-Profit College Ordered to Refund Student Loans

Michael Lux Blog, For-Profit Schools, News, Student Loans 0 Comments

Ashford University and the University of the Rockies, operated by Bridgeport Education has been ordered by the Consumer Financial Protection Bureau (CFPB) to pay back over $23 million in private student loans.  Additionally, the for-profit school will be required to pay an $8 million civil penalty to the CFPB. According …