The corporation was one of many for-profit institutions that Chris Madaio with Veterans Education Success believes took advantage of a federal loophole that allowed GI Bills not to count as federal funds.

He says it also led to thousands of complaints from veterans nationwide.

“It incentivized schools to fill their 90% with student loans and grants and their 10% with GI Bill money and that’s really why they went after veterans,” Madaio said.

Watch here at Spectrum News 1 SoCal.