This could ultimately happen to some of the old CCi executives.
http://www.npr.org/sections/ed/2016/05/12/477655591/jail-time-for-a-for-profit-college-founder
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While, I too, believe it won't happen. What would be proper punishment is anyone who was involved in taking bad student loans should now have to pay out of their own pocket. It still amazes me, and always will, that taxpayers have to pay for allegedly deceptive practices. A government does not randomly forgive loans, so this says a lot.
This article does state, "Until now, few of those students have seen their loans forgiven by the federal government or anyone else. For example, the Education Department has announced loan cancellations for about 9,000 former Corinthian Colleges students out of a total enrollment of 75,000 at the college, which was shut down in 2014."
Loans don't just start with a student walking into a campus. There is a lot of planning behind getting the students to walk into a campus. It is the same as any other business model.
Nope, won't happen.
oh yes it could... Investigation is still open.
Dumb post
Never gonna happen.