The Consumer Financial Protection Bureau is investigating Corinthian Colleges Inc., the company said last week, with a broad inquiry that may revolve around Corinthian's institutional student loan program.
Details about the investigation are skimpy. The CFPB isn't talking. And Corinthian, a for-profit-college holding company, is in the early stages of responding to the bureau's questions. But the company released some information about the inquiry last week in a corporate filing and a call with investors. ...