Corinthian misled students about their job prospects, in some cases paying employers to offer temporary jobs to graduates, the agency said Tuesday. Corinthian charged as much as $75,000 for a bachelor's degree and pushed students into private loans with interest rates of roughly 15 percent, more than double the rate for a federal loan, the CFPB said. The Department of Education put into place new regulations that cut off federal aid if too many students default on loans or fail to earn enough money after graduation to repay them. The company already plans to close a dozen of its U.S.