Aequitas Capital Management purchased student loans at Corinthian College, a now defunct school under investigation for predatory practices.
Aequitas Capital Management purchased student loans at Corinthian College, a now defunct school under investigation for predatory practices.
Aequitas is a private firm that manages investments for wealthy individuals. It formed Campus Student Funding LLC to buy the debt from Corinthian. Neither Aequitas nor Campus Student Funding have been accused of wrongdoing and they accept no blame for what happened. The company says it struck a sound business deal in 2011 that helped students who otherwise couldn’t go to college.
Read more at Oregonlive.
