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Published 19 days ago

CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred for Deceiving Students

Summary by Hampton Roads Messenger

On April 17, 2024, the Consumer Financial Protection Bureau (CFPB) took action against BloomTech and its CEO Austen Allred for deceiving students about the cost of loans and making false claims about graduates' hiring rates. The CFPB found that BloomTech and Allred falsely told students that the school's "income share"…

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Hampton Roads Messenger

CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred for Deceiving Students

On April 17, 2024, the Consumer Financial Protection Bureau (CFPB) took action against BloomTech and its CEO Austen Allred for deceiving students about the cost of loans and making false claims about graduates' hiring rates. The CFPB found that BloomTech and Allred falsely told students that the school's "income share"…

19 days ago·Hampton, United States

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