Reuters has the scoop on an event that took place earlier this week where nearly a hundred education profiteers — ranging from executives at testing companies to private equity moguls eager to invest in education technology — met at a swanky Manhattan club to cheer on the privatization of the U.S. education system: The investors
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All across the country, people are waking up to the abusive practices of for-profit colleges, which take $33 billion a year in taxpayer money, much of it for poor quality programs that leaves students deep in debt and unemployed.  The newest bombshell is an in-depth report from Chris Parker in The Village Voice highlighting students
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Yesterday at Sen. Tom Harkin’s press conference on the release of his new report on the predatory nature of the for-profit college industry, one of the most illuminating testimonies came not from the senator or his colleagues, but from a former active and knowing participant in the abusive system. Laura Brozek worked for ITT Technical
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Senator Tom Harkin (D-IA) and his Senate Health, Education, Labor and Pensions (HELP) Committee staff released Sunday a report based on a comprehensive investigation of  30 of the biggest for-profit college companies. It’s full of stark revelations about this controversial, troubled industry. I’ve been saying for a couple of years that, no matter how cynical one’s view of
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The nation’s major for-profit colleges show no sign that they are ready to accept the inevitable: that in a time of enormous budget pressures, they cannot continue to siphon off 32 billion dollars a year in federal student aid for high-priced, low-quality programs that often leave students without jobs and deep in debt. They show
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In May, Republic Report approached Virginia Democratic Party chairman Brian Moran and asked him if there was a conflict of interest between his role in the party — advancing the goals of President Barack Obama — and his job as a for-profit college lobbyist for the Association of Private Sector Colleges and Universities (APSCU), which
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Over the weekend, a federal trial judge in Washington, DC, upheld the power of the federal government to issue its “gainful employment” rule, a provision aimed at channeling federal financial aid away from college and career training programs that leave students deep in debt. But the judge, Rudolph Contreras, held that the U.S. Department of Education failed
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On Wednesday, 20 state attorneys general announced a court settlement with QuinStreet Inc., a marketing company working for for-profit colleges, that will shut down the deceptive website GIBill.com and turn that web address over to the U.S. Department of Veterans Affairs. GIBill.com, until recently, looked a lot like a government website. But people who went
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