Senator Elizabeth Warren (D-MA), joined by Rep. Mark Pocan (D-WI), has written to six U.S. private equity firms regarding their investments in for-profit colleges. In light of growing evidence that private equity-owned for-profit colleges are some of the worst actors in an industry rife with bad behavior, Warren and Pocan have asked the firms to
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On her second day on the job as U.S. Secretary of Education, Betsy DeVos faced a protest as she visited a District of Columbia middle school. She also was sued by a group of cosmetology schools in a District of Columbia federal court. DeVos quickly fled the protest in an SUV. How she will react to
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The 100-plus former students of for-profit Corinthian Colleges who have boldly asserted that they won’t pay back their student loans have garnered widespread attention and provided a powerful jolt to the debates about predatory colleges and our nation’s mounting student debt. A measure of the students’ impact is the meeting they were able to obtain last
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At an event in Washington DC this morning, speaking alongside Senator Elizabeth Warren (D-MA), financial guru Suze Orman at first seemed to deny what is a documented fact: that she teaches a personal finance course at the nation’s biggest for-profit college, the University of Phoenix.  Then Orman admitted it, but offered a wholly unconvincing explanation.
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This morning, the Associated Press published an article outlining a “battle over transparency” in the Massachusetts Senate race: Both candidates in Massachusetts’ closely watched U.S. Senate race have championed the virtues of public disclosure — but each has limits when it comes to their own records and history. What are these limits that the Associated Press is
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