Los Angeles Times @latimes Bringing L.A. to the world and the world to L.A. Subscribe now: membership.latimes.com/ Jan. 12, 2020 1 min read

After a federal investigation found thousands in missing financial aid money, Video Symphony, a for-profit film school in Burbank, folded.

5 years later, it’s targeting former students.
 https://www.latimes.com/california/story/2020-01-12/video-symphony-student-debt-nightmares 

More than 500 lawsuits have been filed against the school’s ex-students by the owner of Video Symphony, who says students signed binding contracts and are obligated to pay.
 https://www.latimes.com/california/story/2020-01-12/video-symphony-student-debt-nightmares 

Students and legal experts say that Video Symphony broke its end of the deal by:
➡️not providing the education it advertised,
➡️letting them believe they were receiving federal aid when they weren’t,
➡️failing to keep accurate records.
 https://www.latimes.com/california/story/2020-01-12/video-symphony-student-debt-nightmares 

The Times found the offices of LA County Dist. Atty. Jackie Lacey and state Atty. Gen. Xavier Becerra were contacted about Video Symphony’s lawsuits.
So far they have taken no action on behalf of the students.
 https://www.latimes.com/california/story/2020-01-12/video-symphony-student-debt-nightmares 

The story of Video Symphony highlights a larger problem: In California, oversight of for-profit colleges and student loan debt remains convoluted and unreliable, despite years of reforms.

Read more from @anitachabria:  https://www.latimes.com/california/story/2020-01-12/video-symphony-student-debt-nightmares 


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