Corinthian Colleges to offer loans with ASFG

For-profit education company Corinthian Colleges Inc. said Thursday that it will offer $450 million in discount loans with ASFG over the next two years for Corinthian students, the Associated Press reports. Under terms of the deal, the loans will be given by a separate, unspecified lender and then sold to ASFG. Under Corinthian’s current program, Corinthian buys the loans itself, and is thus responsible if students default on them…

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