Tag: For-Profit Colleges: Page 2

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Higher Ed Observers Slam Federal Reprieve for For-Profit Accreditor

While a major accreditor of for-profit schools has won a conditional reprieve from Secretary of Education Betsy DeVos and is pledging to continue correcting its deficiencies, some observers say the decision prioritizes the interests of schools over the well-being of students.

November 27, 2018

News Roundup

Students in Educational Limbo After Sudden Harrison College Closure

College students in three states and five Indiana communities are scrambling to get their education on track and their money back, NBC affiliate station WTHR reported. Without warning, Indianapolis-based Harrison College closed campuses in Anderson, Columbus, Evansville, Fort Wayne and Terre Haute, as well as in Ohio and North Carolina. Answers are hard to come […]

September 18, 2018

News Roundup

Court Rules Against DeVos in Loan Forgiveness Case

U.S. Education Secretary Betsy DeVos’ move to delay Obama-era protections for students defrauded by for-profit colleges has been dealt a setback by a federal judge who called her actions “arbitrary and capricious,” according to a CBS News report. In a lawsuit filed by Democratic attorneys general from 19 states and the District of Columbia and […]

September 14, 2018

Students

Rep. Velázquez Urges DeVos To Reverse Student Loan Proposal

U.S Representative Nydia M. Velázquez D-N.Y sent a letter to U.S. Secretary of the Department of Education Betsy DeVos this week urging her to reverse a proposal that would make it more difficult for students deceived by colleges and universities to receive loan relief. Velázquez wrote in the letter that in the state of New […]

August 29, 2018

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For-Profit College Probes Fuel Rise in Consumer-Protection Sentiments

Amid new efforts to reinvigorate lethargic federal investigations of for-profit colleges, some academics who study higher education see the issue as a harbinger of wider conflict and change.

May 23, 2018

Students

Report: New York For-Profit Colleges Falling Short

New York’s for-profit colleges leave students with huge debt and have little impact on earning potential, according to a report published by The Century Foundation that compares student outcomes at 427 colleges and universities.

March 25, 2018

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Study: Looming Student Loan Default Crisis Will Be Worse Than Projected

The looming student loan default crisis will be worse than previously thought, according to a recently published Brookings Institution report.

January 15, 2018

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Newly Published Data Highlights Fraud Complaints Against For-Profits

For-profit colleges drew attention again this week after troves of newly public data showed the overwhelming impact the institutions have had on student borrowers.

November 9, 2017

Students

Strayer to Acquire Capella Education in $1.9B Deal

HERNDON, Va. — Strayer Education is tying up with Capella Education in a deal worth about $1.9 billion under an administration that looks much more favorably at non-profit schools that had come under a harsher spotlight in recent years. The two schools, however, stood out from others mired in inquiries about students left with large […]

October 30, 2017

News Roundup

AP Sources: Education Dept. Could Scale Back Help on Loans

WASHINGTON — The Education Department is considering only partially forgiving federal loans for students defrauded by for-profit colleges, according to department officials, abandoning the Obama administration’s policy of erasing that debt. Under President Barack Obama, tens of thousands of students deceived by now-defunct for-profit schools had over $550 million in such loans canceled. But President […]

October 30, 2017

Students

Certain For-profit Colleges Leave Veterans in a Bind

Certain for-profit colleges have targeted veterans’ GI Bill dollars and have sold them worthless degrees.

October 25, 2017

Students

DeVos Further Freezes Obama’s For-profit Fraud Protections

WASHINGTON — The Trump administration is further delaying Obama-era protections for students defrauded by for-profit colleges, saying it needs more time to write new regulations. Tuesday’s announcement renewed criticism by Democrats and advocacy groups that the administration favors the interests of for-profit universities over students. The Education Department posted a notice in the Federal Register […]

October 24, 2017