Deal Provides $480 Million In Debt Relief To Current & Former Corinthian Colleges Students

Deal Provides $480 Million In Debt Relief To Current & Former Corinthian Colleges Students

(Adam Fagen)

When student-loan servicing company Educational Credit Management Corporation revealed it would purchase 56 campuses belonging to embattled for-profit college chain Corinthian Colleges, regulators and consumer advocates began working to ensure that students affected by CCI’s collapse would be protected under the deal. Today, the Consumer Financial Protection Bureau and the U.S. Department of Education announced some students would receive the help they deserve in the way of $480 million in debt relief.

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BP reports $4.4B loss as oil prices plummet

BP reports $4.4B loss as oil prices plummetBP reported a $4.4 billion loss in the fourth quarter on plunging oil prices.(AFP PHOTO / BEN STANSALL/FILESBEN STANSALL/AFP/Getty Images)(Photo: BEN STANSALL, AFP/Getty Images)Oil giant BP said Tuesday it’s slashing exploration costs after posting a $4.4 billion loss in the fourth quarter on plunging oil prices.The loss compares to a $1 billion profit in the fourth quarter of 2013.For all of 2014, the company earned $3.8 billion, down from $23.5 billion in 2013.Afte…

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