Seeking $2.1M after college chain’s collapse (to repay its guardian, not students)

June 25, 2019 | The New York Times

When Dream Center Education Holdings imploded in March, thousands of students and employees of the large college chain were suddenly locked out of their classrooms. Some $16 million in federal financial aid that was owed to students had disappeared, while landlords, teachers and vendors faced hundreds of millions of dollars in unpaid bills.

One person, though, is primed for a big payday: the court-appointed receiver who quickly shut down the schools

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