For-Profit College Industry, In Freefall, Convenes in Florida
Today, the troubled for-profit college industry’s troubled trade association, APSCU, begins its four-day annual convention, at the Rosen Shingle Creek resort in Orlando FL. Unlike past years, there is no big name keynote speaker, no George W. Bush, Jeb Bush, or Newt Gingrich, and no dance party with a semi-faux version of the Beach Boys or Kool
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Trump University: A Scam, But a Familiar One
Four hundred pages of documents released on Tuesday by a federal judge in San Diego add detail to the tawdry story of Donald Trump’s unaccredited Trump University. The operation appears to have relied on high-pressure recruiting pitches, buoyed by deceptive claims, and it had an extensive playbook focused not on teaching students the art of the real estate deal
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Kaplan’s Graham Lobbies White House Against Debt Relief for Defrauded Students
Donald Graham, who turned his family company from the fabled owners of the Washington Post newspaper into the purveyors of the predatory for-profit college Kaplan University, met twice late this month with senior White House officials. Graham’s aim, as documents he left behind and were posted by the Office of Management and Budget indicate: to derail the
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A Dubious Benefit: Big Employers Steer Workers to Troubled For-Profit Colleges
American Airlines tells its workers that one of the employee benefits for which they are eligible is “career development training,” and an internal employee benefits web page lists American’s “learning partners and other sources for tuition discounts, waived enrollment fees and education grants to help you further develop your professional skills.” The schools listed by the company
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New Law Firm Monitor for Zenith: Like the Old One, It Represented Corinthian
The U.S. Department of Education announced today it has “accepted” the law firm Squire Patton Boggs as the new “independent monitor” for Zenith Education Group. Zenith is a division of the non-profit debt collection company ECMC, which, with Department approval, last year took over many Everest College and WyoTech campuses of the now-defunct, notoriously
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Veterans Groups Oppose Manchin Amendment Giving For-Profit Colleges Unfettered Access to Military Bases
Just as America’s veterans organization are coming together to demand better government protection against deceptive and abusive practices by for-profit colleges, Senator Joe Manchin (D-WV) seems to want to move in the opposite direction, pushing an amendment that would require the Pentagon to allow any college approved for military tuition benefits to have unrestricted access
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University of Phoenix Won’t Force Students to Arbitrate Claims; Scope Unclear
The University of Phoenix just announced that it will no longer require students to agree when enrolling to give up their rights to pursue in court any disputes with the school. Many for-profit colleges have used such fine-print clauses to force any complaint into secret arbitration proceedings that tend to be stacked against students and
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Stuff For-Profit College Executives Say
The market analysis division of Credit Suisse held a two-day conference in March addressing for-profit education, and many for-profit college industry executives and consultants attended the meeting, held in Boston. Credit Suisse analyst and long-time for-profit college booster Trace Urdan published a revealing write-up of the session on March 21. The press of other business, plus, of course, respect for Credit
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