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The firm is working with another company to try to get these students back in school and working on their diplomas, William Dick Davis Jr., Dickinsons bankruptcy lawyer, said in an interview Tuesday. He declined to identify the company but said Dickinson would file details of the agreement with the bankruptcy court within a couple of days. Career Point College abruptly closed its campuses in San Antonio, Austin and Tulsa, Oklahoma, on Oct. 16, alerting students via email. The move came after the U.S. Department of Education cut the schools access to federal funding in response to the college’s reporting that three longtime employees had collaborated to violate the rules related to student aid funds, according to the email. Two separate lawsuits have since been filed by students against the schools owners and operators, CEO Lawrence Earle and Carole Kendall , a registered agent for four companies tied to the institution. Among the allegations in the suits: Students were induced into obtaining high-interest loans to attend the two-year for-profit college, and some of them never received federal grant money that the school was supposed to distribute to them. Career Point College went so far as to charge its own students for appointments with the financial aid office. http://charlescolemanplus.accessnetwork.us/2016/11/02/some-simple-tips-on-fast-secrets-in-selection-process/College employees, in the scope of their employment, improperly obtained $4.6 million in federal loan funds.
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