Birdwatch Note Rating
2025-02-07 16:14:33 UTC - HELPFUL
Rated by Participant: B7EF49D15B62DB2756C3ACC188FD38FD7395F6C8C43EC440CF8269F2121A9A24
Participant Details
Original Note:
The CFPB found the Austen’s former company, BloomTech, deceived students about the cost of loans and made false claims about graduates’ hiring rates. He was orders to pay over $164,000 in civil penalties, and was banned from student-lending activities for 10 years. https://www.consumerfinance.gov/about-us/newsroom/cfpb-takes-action-against-coding-boot-camp-bloomtech-and-ceo-austen-allred-for-deceiving-students-and-hiding-loan-costs/
All Note Details