For-Profit: Page 17
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ITT faces new scrutiny from Ed Dept
The for-profit education group will have to send financial information every two weeks, as well as monthly student data reports.
By Tara García Mathewson • June 1, 2015 -
Rolling Stone: Quality public education is disappearing
Mike Konczal argues education dollars are either going to for-profit school investors or elite school vanity projects, not students.
By Tara García Mathewson • May 29, 2015 -
FTC: Georgia-based for-profit school did not tell the truth
The all-online Ashworth College settled a case from the Federal Trade Commission that alleged it misrepresented marketing claims.
By Tara García Mathewson • May 28, 2015 -
Wisconsin lawmakers refuse to disband for-profit regulatory agency
The state legislature's budget committee voted down a proposal by Gov. Scott Walker to kill the agency.
By Tara García Mathewson • May 26, 2015 -
Drake College of Business shutting down July 31
The New Jersey-based college first earned notoriety for recruiting homeless people from shelters for its programs.
By Tara García Mathewson • May 26, 2015 -
MBAs, Pearson, and MOOCs: The week’s most-read education news
Catch up on Texas' testing contract switch-up, FutureLearn's giant MOOC, and more.
May 22, 2015 -
Pakistan’s Axact allegedly rakes in millions with massive diploma mill
The New York Times says the company duped mostly U.S. and Arabian students into paying thousands each for fake degrees.
By Tara García Mathewson • May 19, 2015 -
College enrollment drops with improving economy
Research indicates nontraditional students are going back to the workforce as the recovery supports their full employment.
By Tara García Mathewson • May 15, 2015 -
Small for-profit Brookstone to close over gainful employment rule
Night classes were abruptly halted, with day classes set to continue through next week.
By Tara García Mathewson • May 14, 2015 -
Traditional colleges team up with for-profits
The unlikely allies are working together to lobby congressional leaders away from additional regulation.
By Tara García Mathewson • May 13, 2015 -
Knod to offer low-cost bachelor's following latest funding round
The Utah-based company partners with universities for blended learning programs focused on job skills.
By Tara García Mathewson • May 13, 2015 -
SEC charges ITT Tech owner, executives with fraud
The charges allege the company and its top leaders misled investors about the performance of student loan programs.
By Tara García Mathewson • May 13, 2015 -
Dept. of Ed. denies debt relief
Although Undersecretary Ted Mitchell publicly supports debt relief for defrauded students, several petitioners have been denied.
By Tara García Mathewson • May 11, 2015 -
This year's grads have more debt than ever
A new report shows the Class of 2015’s borrowers each have an average of $35,000 in student loan debt.
By Tara García Mathewson • May 11, 2015 -
MOOC MBA and for-profit woes: The week’s most-read education news
Get caught up on UIUC and Coursera's new partnership, AltSchool's big investment from Mark Zuckerberg, and more right here!
By Roger Riddell • May 8, 2015 -
2U moves closer to profitability in Q1
The cloud-based education technology company continues to shrink its losses as its partnerships expand.
By Tara García Mathewson • May 8, 2015 -
EDMC, Career Education to close schools
Two more for-profit giants announced closures this week amid falling revenues.
By Tara García Mathewson • May 8, 2015 -
Little to gain for Corinthian creditors
The shuttered for-profit chain has few assets and a long line of people and organizations waiting for payment.
By Tara García Mathewson • May 7, 2015 -
Kaplan U introduces competency reports
The for-profit university will offer the new transcript companions to all of its 45,000 students systemwide.
By Tara García Mathewson • May 6, 2015 -
Chrysler joins corporations offering employees free college
The automotive giant will offer free tuition to dealership workers interested in seeking higher education at Strayer.
By Tara García Mathewson • May 5, 2015 -
Students seeking for-profit loan discharges number in the thousands
Former Corinthian students have joined others fighting for loan forgiveness on the grounds that their schools misled them.
By Tara García Mathewson • May 5, 2015 -
Corinthian files for bankruptcy
The now-defunct for-profit college chain announced the closure of its remaining schools just last week.
By Tara García Mathewson • May 5, 2015 -
PRO Students Act would add new regulation to for-profits
The bill would require for-profit colleges to get at least 15% of revenue outside of federal student aid.
By Tara García Mathewson • May 4, 2015 -
Fraud suit against for-profit Western Educational Inc moves forward
An appeal ruling will require Western Educational Inc., to defend itself on charges of fraud.
By Tara García Mathewson • May 1, 2015 -
Ed Dept suggests other problematic for-profits for Corinthian transfers
Critics say the department is steering students toward risky institutions to avoid debt relief.
By Tara García Mathewson • April 30, 2015