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Tag: For-Profit Colleges
Latest News
Report: For-Profit Institutions Target Communities of Color
Despite pushes to address predatory practices—such as the withholding of Title IV federal financial aid—for-profit institutions are continuing to target communities of color through recruitment and location strategies, according to a new Student Borrower Protection Center (SBPC) report.
August 2, 2021
COVID-19
Report: Colleges Ramp Up Advertising During COVID-19, Especially For-Profits
Colleges and universities are spending a lot of money on advertising during the pandemic, particularly for-profit colleges, according to a new study by the Century Foundation.
August 19, 2020
Students
Trump Vetoes Move to Ease Loan Forgiveness for Defrauded Students
President Donald Trump late on Friday vetoed a resolution that would have made it easier for students defrauded by for-profit schools to get their student loans erased.
May 31, 2020
COVID-19
Amid Pandemic, For-Profit Colleges Look to Increase Enrollments
As the coronavirus has shut college campuses and forced them to provide online instruction, several of the country’s largest for-profit colleges are looking to boost enrollments and targeting unemployed workers who may be thinking of going back to school, reported the Associated Press. Many of these for-profits have increased advertising and are offering discounts for […]
April 21, 2020
COVID-19
Democratic Senators Say For-Profit Colleges Shouldn’t Get Further Stimulus Aid
Democratic Senators Dick Durbin and Elizabeth Warren on Tuesday called on Senate leaders to ensure that for profit-colleges do not receive any more coronavirus stimulus aid in further rounds of relief legislation, reported Politico. Last month, Congress allotted more than $1 billion to for-profit colleges as part of a $2.2 trillion coronavirus stimulus package, reported […]
April 21, 2020
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Democrats in Congress Question DeVos on Relief For Defrauded Students
Tensions ran high at a House Education and Labor Committee hearing on Thursday, where Democrats questioned U.S. Secretary of Education Betsy DeVos about her implementation of the borrower’s defense rule, the provision that allows loan forgiveness for defrauded students.
December 12, 2019
News Roundup
University of Phoenix Agrees to $191 Million Settlement Over Deceptive Ads
The University of Phoenix – and its parent company Apollo Education Group – will forgive $141 million in student loan debt and pay $50 million, settling federal charges that it used false advertising to attract students, according to a Federal Trade Commission announcement this week. The school’s marketing falsely implied that it had job contacts […]
December 11, 2019
News Roundup
New Bill Aims to Stop School Closures
On Thursday, Rep. Dr. Donna Shalala, Peter King and Sean Casten introduced the Stop College Closures Act, a bipartisan bill that would require accreditors to play a bigger role in preventing sudden school closures. If passed, accreditors would need to track student complaints and if need be, submit them to state agencies and the U.S. […]
October 3, 2019
Military
Proposed Amendment Scrutinizes For-Profit Schools Targeting Veterans
Florida Democrat Rep. Dr. Donna Shalala proposed an amendment to the annual defense spending bill, the National Defense Authorization Act, which would audit for-profit colleges that enroll veterans while failing to meet Department of Education financial responsibility standards. It would require the secretary of defense to review how much Department of Defense Tuition Assistance a for-profit receives and to publish the results online.
September 10, 2019
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New Department of Education Rule Impacts Defrauded Students
The U.S. Department of Education has released its new Borrower Defense to Repayment rule, designed to give students debt relief in cases where they took out loans to pay for fraudulent schools. The new version, which goes into effect on July 1, 2020, makes it harder for federal student loan borrowers to have their debts forgiven, enforcing stricter criteria.
September 3, 2019
Latest News
Study Finds Wide Institutional Differences in Instructional Spending
Among America’s nearly 5,500 colleges and universities, public schools spend the most on student instruction relative to tuition fees collected, with lower amounts spent by private nonprofit institutions and the least by for-profits, according to two reports recently published by The Century Foundation.
March 28, 2019
Students
New York Governor Proposes Tighter Regulations for NY’s For-Profit Colleges
New York Governor Andrew Cuomo’s 2019-20 budget proposal released this week, includes new regulations and more stringent oversight for New York’s for-profit colleges.
January 16, 2019
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