Dive Summary:
- Benjamin Cordoba, a graduate of Everest University, is suing the for-profit school, claiming he was deceived by a recruiter about being able to transfer credits from Florida Metropolitan University (Everest University's previous name) to Hillsborough Community College.
- Cordoba accrued $27,000 in debt for a degree he claims has "no value"; Cordoba says the school's recruiter "really, really misled me very badly" and "made me comfortable hearing what I wanted to hear."
- Corinthian Colleges Inc., Everest University's parent company, acknowledged it is the target of multiple lawsuits including three whistleblower suits over admissions payments, three student suits over the school's academic programs, two suits claiming misrepresentation by admissions representatives and several shareholder suits.
From the article:
"... Cordoba said he had no other options and went on to complete his associate's degree in business administration at Florida Metropolitan. He said the diploma hasn't helped him career-wise.
'I find no value in it,' said Cordoba, who runs a bounce-house business for children's parties. 'Right now, if you gave me a choice of having my degree or offering me five bucks, I'll take the five bucks.'"
