A federal watchdog is suing a tech boot camp, accusing it of loading students up with 'predatory' debt and telling them it could collect 'more than the consumer legally owed'

• The CFPB and state attorneys general sued a career boot camp that declared bankruptcy in 2022.
• They accused the company, Prehired, of misrepresenting the nature of its income-share agreements.
• Prehired sued nearly 300 former students last year, saying they'd defaulted on their loans.

A federal watchdog hit a tech boot camp with a lawsuit accusing it of loading students up with a "predatory" form of debt.