41,000 former students of a closed for-profit college may get $183 million to pay off their student loans

Submitted by Tech Insider on August 18, 2017 - 3:21pm

CFPB Richard Cordray

The Consumer Financial Protection Bureau (CFPB) and 13 state attorneys general have reached a settlement in a case that alleges private student lender Aequitas Capital Management conducted a predatory lending scheme, CNN reported.

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