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For-Profit Educator Pays $31.5M To End CFPB Loan Probe

By Dorothy Atkins ( September 12, 2016, 6:39 PM EDT) -- Bridgepoint Education Inc. agreed on Monday to forgive $23.5 million in private student loans and pay the Consumer Financial Protection Bureau $8 million to settle allegations the for-profit digital education company deceived students about the costs of its private loans....

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