By Shahien Nasiripour, Bloomberg News
The for-profit Charlotte School of Law is reportedly shutting down, according to television station WBTV News in Charlotte, North Carolina. The private equity-owned school failed to meet various government deadlines set months after the Obama administration shut off its ability to receive proceeds from federal student loans.
The head of the school’s alumni association, R. Lee Robertson Jr., sent an email Tuesday morning to fellow alums warning them that the school was likely to inform current students of the closure later in the day. The school’s website was down as of Tuesday morning.
Charlotte Law ...
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