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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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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Seeking dismissal of a lawsuit alleging that it abused students and defrauded taxpayers, the for-profit college company Perdoceo Education Corp. argued that a whistleblower’s allegations were stale because the same assertions were already made public — including in two articles published here on Republic Report. Unfortunately for Perdoceo, the federal judge hearing the case concluded
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Email from Andrew Clark, the CEO of predatory for-profit Ashford University, to Robert Robbins, the president of actual University of Arizona, prior to merger: “Bobby… I’d like to begin developing a personal relationship with you and understand your vision for online learning at UofA.” C. Scott Green, president of actual University of Idaho, explaining in
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Florida Career College, a chain of schools that offered programs in health care, business, and other fields but faced a cutoff of federal aid following an investigation by the U.S. Department of Education, announced this morning that it is shutting down for good. Addressing a meeting of the Florida state Commission on Independent Education this
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On December 22, the trade association American Association of Cosmetology Schools, along with Texas-based DuVall’s School of Cosmetology, sued the U.S. Department of Education, seeking to void the federal “gainful employment” rule, which aims to hold accountable those for-profit and career college programs that consistently leave graduates with debts they cannot afford to repay. After
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About a dozen years ago, owners of some of the biggest, worst-acting for-profit colleges began concocting, with their eager, high-paid lawyers, schemes to convert their schools into non-profits.  The apparent aims were to evade the heightened government regulations applied uniquely to for-profit schools in order to guard against waste, fraud, and abuse — and to
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1. As president, Trump did: (a) a horrible job (b) an Incredible Job 2. At the hands of the Fake News Media, Trump Hating Judges, and the Radical Left Democrats, Trump has been: (a) treated fairly (b) treated unfairly (c) Treated Very Unfairly™ 3. Experts who defend Trump are: (a) total losers (b) getting paid
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