February 21, 2024

Appeals Court Affirms $21M Penalty for Scams by Ashford U (aka UAGC)

The California Court of Appeal on Tuesday upheld $21 million in penalties against for-profit Ashford University, after a state judge found in 2022, following a trial, that the school had systematically deceived prospective students about matters including the costs of attendance, the value of Ashford degrees, and the transferability of credits. The appeals court affirmed
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February 21, 2024

A For-Profit Nursing College Is Trying To Take Root In Wisconsin. Here’s Why That’s Alarming.

More than a decade ago, a for-profit college chain opened an outpost in Milwaukee: Everest College, owned by Corinthian Colleges. Soon after, Corinthian became one of the most well-known and devastating examples of a for-profit college collapse — it shut down in 2015 mired in legal and regulatory challenges, overnight leaving about 16,000 students without
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February 16, 2024

Donald Trump Is A Criminal – All the Receipts (So Far)

Business fraud, real estate fraud, charity fraud, education fraud, tax fraud, election fraud, sedition, government corruption, classified document theft, obstruction of justice, sexual assault, conspiracy to overturn the lawful results of the 2020 election, and more.  Donald J. Trump of Palm Beach, Florida, is a criminal. Here is the evidence, so far. November 2016: Donald
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February 13, 2024

For-Profit Career College of Northern Nevada Abruptly Shuts Down

Career College of Northern Nevada (CCNN) abruptly closed on Friday, replacing its website with a closure notice and literally locking students out of the building.  The company that owns the Sparks, Nevada-based for-profit school also declared bankruptcy on Friday.  In the website notice, the school directs students to a U.S. Department of Education web page that
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February 11, 2024

The Business of America is Debt

In the shoe department at Belk’s department store yesterday, a familiar thing: The sales guy was trying to convince us to get a Belk’s credit card, saying we would get a big discount on the shoes. We got to talking, and he mentioned that he was taking his first airplane flight ever in a couple
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February 9, 2024

Questioned by Education Dept., Accreditor ACCSC Attacked Its Critics

Faced with a directive from the U.S. Department of Education to defend its oversight of collapsed predatory college operation Center For Excellence in Higher Education (CEHE), the head of the accrediting agency ACCSC sharply attacked critics, saying their arguments were made “negligently” and were “unsupported by even a scintilla of the evidence.” The fiery response,
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February 8, 2024

Education Dept. Deal Ousts CEO Who Ran Florida Career College

The U.S. Department of Education has reached a deal with California-based International Education Corp. (IEC) that requires the “separation” from the company of its CEO, as well as its chief financial officer. The agreement, posted this morning on the Department’s website, also finalizes the termination of federal aid to IEC’s troubled for-profit Florida Career College
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February 1, 2024

Investor Report Highlights Abuses At Adtalem and Walden

A report released Tuesday by investment firm Safkhet Capital details predatory abuses at — and financial and regulatory perils now faced by — the for-profit college company Adtalem Global Education. Safkhet is headed by Fahmi Quadir, who has been nicknamed “The Assassin” for her record of aggressively targeting companies, notably Valeant Pharmaceuticals, whose stock she
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