The CFPB and state attorneys general sued a career boot camp that declared bankruptcy in 2022.
Prehired sued nearly 300 former students last year, saying they'd defaulted on their loans.
"Prehired also represented that consumers would pay nothing until they got a job and 'partner[ed] with' Prehired in their career.
The lawsuit also accused Prehired of "falsely representing the amount of debt owed by consumers by stating that Prehired could collect more than the consumer legally owed."
The complaint said Prehired filed more than 280 lawsuits in 2022 demanding that former students who it said had defaulted pay $25,000 each.
Persons:
Prehired, they'd, Bob Ferguson, Washingtonians, bootcamps, Ben Kaufman
Organizations:
Service, Consumer Financial Protection, California's Department of Financial Protection, Innovation, LinkedIn, Delaware's Department of Justice, Washington Attorney General's
Locations:
Wall, Silicon, Prehired