A federal judge has ordered Corinthian Colleges to pay more than $531 million on charges brought by the Consumer Financial Protection Bureau that the for-profit college used illegal tactics to collect on student loan debt.

The order issued Monday ends a yearlong case in which the CFPB sued the now-defunct Corinthian in September 2014 for "luring tens of thousands" of consumers into taking out private loans and then "strong-armed" students into paying back the debt. Corinthian went into bankruptcy liquidation earlier this year so it cannot pay the judgment. But the CFPB vowed Wednesday in a press release that it would find ways to reimburse effected borrowers.

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