America’s for-profit colleges are receiving as much as $33 billion in a single year from your tax money, and billions more from the pockets of students, a lot of whom are left deep in debt and jobless from their encounters with predatory schools.  Many of the biggest for-profit colleges get close to 90 percent of
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It’s a busy time for APSCU, the trade association of America’s for-profit colleges.  The group spends its time trying to block reasonable measures to hold the worst actors in its industry responsible for their systematic abuses of students and taxpayers, as if the industry is permanently entitled to the enormous amounts of federal taxpayer money
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This morning, in a packed room on the 8th floor of a K Street building, the U.S. Department of Education resumes talks in pursuit of a “gainful employment” rule aimed at penalizing for-profit colleges that leave students deep in debt and without decent paying jobs. It’s called a “negotiated rulemaking,” bringing together representatives of schools, students,
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The lobbying group of America’s for-profit colleges, APSCU, announced today that Michael Dakduk is its new Vice President of Military and Veterans Affairs. Dakduk had just left the job of executive director of the Student Veterans of America (SVA). You heard that right. SVA’s stated mission is “To provide military veterans with the resources, support, and
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The main trade association of for-profit colleges, APSCU, seems to exist for the purpose of protecting the worst, most abusive, most predatory conduct by its member companies. Why else would the association, once again last week, attack the U.S. Department of Education for seeking to implement a law that simply requires career colleges that receive
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The U.S. Department of Education is now engaged in a series of public hearings on higher education issues, including reforms to curb the abuses of predatory for-profit colleges. It is also accepting written comments from the public.  I attended the opening hearing last week in Washington, DC, and I tweeted (May 21) about the powerful presentations
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If you were teaching a course on how to manage personal finances, one of the best pieces of advice you could give is to avoid attending a for-profit college. A series of government and media investigations have exposed that signing up with a for-profit college could well be one of the worst financial decisions a
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The U.S. Department of Education announced this morning that it will conduct new hearings and rulemaking proceedings on a range of higher education issues, including the contested “gainful employment” rule, which is aimed at curbing the abuses of predatory for-profit colleges. Last month, a federal judge delivered his second blow in less than a year to the gainful
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