Everest College

Type: Company
Name: Everest College
First reported 3 hours ago - Updated 3 hours ago - 1 reports

LAUSD, iPads, and Grenade Launchers

Education Law and PoliticsRolling Jubilee, a group that grew out of the Occupy Movement, announced[1] this week that it has purchased "for about three cents on the dollar, of nearly four million dollars' worth of private debt from Everest College, which ... [Published DailyMe.Com - 3 hours ago]
First reported 8 hours ago - Updated 8 hours ago - 1 reports

OWS Wipes out $4m in Student Loan Debt

Strike one up for the so-called "dirty-hippies".If you were thinking that the Occupy Wall-Street movement was over (so unwise), here's a little something from Time.com to lift your spirits.The Rolling Jubilee Fund, an initiative of the Occupy movement, ... [Published Daily Kos - 8 hours ago]
First reported Sep 18 2014 - Updated 20 hours ago - 2 reports

Occupy Wall Street’s Student Debt Solution

Six years ago this week, storied Wall Street investment bank Lehman Brothers filed for bankruptcy as part of the financial crash that led to the worst recession since the Great Depression. Out of that crisis came Occupy Wall Street, a grass-roots protest ... [Published The Fiscal Times - 20 hours ago]
First reported Sep 19 2014 - Updated Sep 19 2014 - 1 reports

Blood Drives for Sept. 19

Blood Drive (Photo: File Photo)Community Blood Center of the Ozarkswww.cbco.org; 1-800-280-5337Community Blood Center of the Ozarks (CBCO) has issued a Code Yellow Alert for B negative and O negative blood types. There is less than a two-day supply of ... [Published Springfield News-Leader - Sep 19 2014]
First reported Sep 18 2014 - Updated Sep 18 2014 - 2 reports

Occupy Wipes Out Nearly $4 Million in Strangers’ Student Loan Debt

More than 2,700 people were able to breathe a collective sigh of relief after being unburdened of at least part of their student loan debt by an Occupy Wall Street campaign.Rolling Jubilee, an initiative of the Occupy movement, recently bought up about ... [Published Yahoo! Finance - Sep 18 2014]
First reported Sep 18 2014 - Updated Sep 18 2014 - 6 reports

Occupy Offshoot Cancels $4 Million in Predatory Student Loans—and Starts a Debtors Union

File:Student Graduation Faculty of Economics ULBS, Jun 2013.jpg ... commons.wikimedia.orgFirst, they started buying up—and canceling—individuals’ medical debt. Now the people behind Rolling Jubilee are taking on student loans from a for-profit university ... [Published CWEB News - Sep 18 2014]
First reported Sep 18 2014 - Updated Sep 18 2014 - 1 reports

These People Can Make Student Loans Disappear

Article Overview:"Rolling Jubilee", a project of a group of economic activists formed out of the Occupy Wall Street movement, announced that it has erased $3.9 million in private student loans. The group is buying delinquent student loan debt for less ... [Published Career College Central - Sep 18 2014]
First reported Sep 17 2014 - Updated Sep 18 2014 - 13 reports

Occupy Wall Street Buys, Then Cancels, Student Debt

Some 40 million Americans collectively owe nearly $1.3 trillion on their student loans. On Wednesday, a small group of volunteers announced they helped reduce unpaid student bills by a smidgen, thanks to public donations and a desire to help Americans ... [Published Huffington Post - Sep 18 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

These People Can Make Student Loans Disappear : NPR Ed : NPR

It was an ordinary Friday. Courtney Brown, 24, of Kalamazoo, Mich., was busy looking for a job. "I've applied all kinds of places," she says. "Wal-Mart, Target, Verizon Wireless." Then she got a strange letter in the mail. " 'We are writing you with good ... [Published DailyMe.Com - Sep 17 2014]
First reported Sep 16 2014 - Updated Sep 17 2014 - 2 reports

Group claims it has erased some students' debts

By Megan Crepeau, @crepeau10:18 p.m. CDT , September 16, 2014An affiliate of Occupy Wall Street claims to have eliminated $3,856,866.11 worth of student loans in a program dedicated to buying debt.The Rolling Jubilee, a project of Occupy offshoot Strike ... [Published Red Eye Chicago - Sep 17 2014]
First reported Sep 16 2014 - Updated Sep 17 2014 - 6 reports

Cordray sues Corinthian Colleges, alleges ‘predatory’ student loans

WASHINGTON — Corinthian Colleges is being sued by the federal Consumer Financial ProtectionBureau for what it calls a “predatory lending scheme.”The CFPB is seeking more than $500 million for borrowers who used the for-profit educationcompany’s private ... [Published Columbus Dispatch - Sep 17 2014]
First reported Sep 16 2014 - Updated Sep 16 2014 - 1 reports

5 Jaw-Dropping Allegations in the Federal Lawsuit Against Corinthian

The Consumer Financial Protection Bureau on Tuesday filed suit against Corinthian Colleges, alleging that the for-profit higher-education provider, which is in the process of selling or closing all of its campuses, engaged in deceptive lending and recruiting ... [Published Chronicle of Higher Education - Sep 16 2014]

Quotes

Rolling Jubilee, a group that grew out of the Occupy Movement, announced[1] this week that it has purchased "for about three cents on the dollar, of nearly four million dollars' worth of private debt from Everest College, which is part of the for-profit Corinthian Colleges system. The debts had been incurred by more than two thousand students." The group then notified students that some of their debt had been canceled
"Despite Corinthian's dire financial straits, checkered past and history of lying to and misleading vulnerable students, tens of thousands of people may still be liable for the loans they have incurred while playing by the rules and trying to get an education" a Strike Debt member said
...The Occupy group then simply erased the debts, or as Occupy phrased it, "abolished" it. As for why they did it, the group says: "We bought debt from this school in order to focus public attention on the grim consequences of allowing higher education to be used as a vehicle for private profit. The students at this college were conned ... Our long term goal is to end student debt, along with other forms of predatory lending."
Then she got a strange letter in the mail. " 'We are writing you with good news,' " she reads to me over the phone. " 'We got rid of some of your Everest College debt. ... No one should be forced to mortgage their future for an education.' "

More Content

All (96) | News (74) | Reports (0) | Blogs (22) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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LAUSD, iPads, and Grenade Launchers [Published DailyMe.Com - 3 hours ago]
OWS Wipes out $4m in Student Loan Debt [Published Daily Kos - 8 hours ago]
Corinthian College Debts Get Paid As Occupy Wal... [Published Leavenworth Times - 17 hours ago]
Occupy Wall Street’s Student Debt Solution [Published The Fiscal Times - 20 hours ago]
Blood Drives for Sept. 19 [Published Springfield News-Leader - Sep 19 2014]
Occupy Wipes Out Nearly $4 Million in Strangers... [Published Yahoo! Finance - Sep 18 2014]
Strike Debt Wants To Buy And Eliminate Student ... [Published Business 2 Community - Sep 18 2014]
Occupy Offshoot Cancels $4 Million in Predatory... [Published CWEB News - Sep 18 2014]
Occupy Wipes Out Nearly $4 Million in Strangers... [Published MoneyTalks News - Sep 18 2014]
Activists abolish millions in student debt [Published MSNBC - Sep 18 2014]
Strike Debt Announces Abolishment Of Student De... [Published Firedoglake - Sep 18 2014]
These People Can Make Student Loans Disappear [Published Career College Central - Sep 18 2014]
Occupy pays student loans for strangers [Published AdBanks.net - Sep 18 2014]
The Occupy Movement Takes on Student Debt [Published New Yorker - Sep 18 2014]
Rolling Jubilee can make student loans disappear [Published Minnesota Public Radio - Sep 18 2014]
Occupy Wall Street Buys, Then Cancels, Student ... [Published Huffington Post - Sep 18 2014]
Rolling Jubilee Debt Buy #4 on September 17th [Published Sott.net - Sep 17 2014]
Occupy Wall Street Offshoot Rolling Jubilee Wan... [Published MSNBC Newsweek - Sep 17 2014]
Debt Activists Just Canceled $4 Million In Stud... [Published Think Progress - Sep 17 2014]
Occupy group abolishes nearly $4 million in stu... [Published Russia Today - Sep 17 2014]
Occupy activists abolish $3.8M in student loan ... [Published Washington Times - Sep 17 2014]
Occupy Wall Street celebrates 3-year anniversar... [Published Syracuse Online - Sep 17 2014]
These People Can Make Student Loans Disappear :... [Published DailyMe.Com - Sep 17 2014]
To Celebrate 3rd Anniversary, Occupy's Strike D... [Published Crooks and Liars - Sep 17 2014]
'You Are Not a Loan': Rolling Jubilee Abolishes... [Published Common Dreams - Sep 17 2014]
Occupy Wall Street Just Made $4 Million of Stud... [Published Time - Sep 17 2014]
Occupy Wall Street Just Made $4 Million of Stud... [Published TIME.com - Sep 17 2014]
Occupy Wall Street Just Made $4 Million of Stud... [Published The Curious Capitalist - Sep 17 2014]
Occupy Wall Street celebrates 3-year anniversar... [Published UPI - Sep 17 2014]
Strike Debt's Rolling Jubilee Erases $4,000,000... [Published Daily Kos - Sep 17 2014]
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Strike Debt Announces Abolishment Of Student De... [Published Firedoglake - Sep 18 2014]
Strike Debt , an offshoot of the Occupy Wall Street movement, announced yesterday that it has abolished $4 million worth of student loan debt as part of its Rolling Jubilee program. The group was able to purchase the debt for around $100,000. The ...
Occupy pays student loans for strangers [Published AdBanks.net - Sep 18 2014]
br />After forgiving millions of dollars in medical debt, Occupy Wall Street is tackling a new beast: student loans. Marking the third anniversary of the Occupy Wall Street movement, the group’s Strike Debt initiative announced Wednesday it has ...
Debt Activists Just Canceled $4 Million In Stud... [Published Think Progress - Sep 17 2014]
A sign for Everest Institute, one of several for-profit college brands operated by Corinthian Colleges Inc. CREDIT: AP Judith Linhoss was hoping to become a certified paralegal. “I had worked in law offices since I was 17 and I’m 68 now,” Linhoss ...
To Celebrate 3rd Anniversary, Occupy's Strike D... [Published Crooks and Liars - Sep 17 2014]
Happy anniversary to my favorite movement builders! On the third anniversary of the Occupy Wall Street movement, the Rolling Jubilee has, for the first time ever, bought and abolished student debt: $3,856,866.11 of student debt owed by 2,761 people ...
Occupy Wall Street Just Made $4 Million of Stud... [Published TIME.com - Sep 17 2014]
An Occupy Wall Street campaign says it has abolished almost $4 million in student loan debts , in a Tuesday announcement marking the third anniversary of the Occupy protests that brought renewed attention to the issue of income inequality. The Rolling ...
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