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Thousands Of Hoosiers Get Student Debt Forgiven After For-Profit Center's Settlement

cec-web-photo-screenshot.jpg

(Career Education Corporation website)

A national settlement with the Career Education Corporation means about $5.6 million worth of Indiana student debt will be forgiven.

The settlement comes after a five-year investigation of CEC’s practices by Attorneys General in multiple states.

Betsy DeNardi is the director and chief counsel of the Indiana Attorney General’s Consumer Protection Division. She says the for-profit education company allegedly conveyed inaccurate information to its students, including about course credits and costs.

"Some of the programs they were offering didn’t have the appropriate accreditation you need to work in that field and they failed to tell prospective students that," DeNardi says. 

About 2,700 Indiana students were affected.

The education company primarily provides online courses through American InterContinental University and Colorado Technical University.

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