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Enforcement Consumer Financial Protection Bureau (CFPB) Colleges

Nexsen Pruet, PLLC

Corinthian Colleges: Part Two - the "Perfect Storm" - Blog: Consumer Financial Protection Bureau

Nexsen Pruet, PLLC on

Corinthian Colleges (“Corinthian”) announced this past Sunday, April 26 that Corinthian was ceasing operations at its remaining physical campuses. This April 26 announcement specifically refers to the remaining 30 or so...more

Ballard Spahr LLP

CFPB calls out banks for not publicly disclosing campus financial product marketing agreements

Ballard Spahr LLP on

According to a new blog post about “secret banking contracts” by Rohit Chopra, the CFPB’s Student Loan Ombudsman, the CFPB is sending letters to colleges and universities “to make sure they know that their bank partner has...more

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