Next on CFPB’s For-Profit Education Dance Card: Bridgepoint
With ITT shuttered, the CFPB has set its sights on Bridgepoint Education for "deceiving students into taking out private student loans that cost more than advertised." Bridgepoint is being ordered to refund loan payments to the tune of $23.5 million and pay an $8 million fine to the bureau. [9/13/16]