181 Search Results Found For: "apscu"

I’ve just published a new 100-page e-book, Stealing America’s Future: How For-Profit Colleges Scam Taxpayers and Ruin Students’ Lives. You can buy it for 99 cents on Amazon. I hope you’ll read it, because it is a critical moment for Americans to examine and speak out on the issue of for-profit colleges, the trade schools that bombard
Continue Reading >>>

This morning, the Obama Administration released its new proposed “gainful employment” rule, aimed at ending taxpayer support for college programs that claim to train people for careers as medical assistants, air conditioner repair technicians, or software coders, but instead consistently leave their former  students with shaky job prospects and insurmountable debt. Most of the big
Continue Reading >>>

Graham Holdings Co., the renamed corporation that owned the Washington Post newspaper before selling it to Jeff Bezos last year, retains a major stake in Corinthian Colleges, a for-profit education company that is under investigation by a range of federal and state law enforcement agencies. According to an SEC filing today, Graham Holdings has sold about
Continue Reading >>>

Former U.S. senator Bob Kerrey (D-Nebraska) will give keynote remarks at this spring’s annual convention of the for-profit college trade association, APSCU, in Las Vegas. It’s not really a surprise, since Kerrey recently co-authored a Wall Street Journal op-ed arguing against new federal rules to hold the troubled for-profit college industry accountable. But it’s a shame.
Continue Reading >>>

It’s become increasingly clear from law enforcement, congressional, and media investigations that many for-profit colleges are selling a product that can be toxic to students — high-priced, low-quality programs that often leave graduates and dropouts alike without improved career prospects and paralyzed by student loan debt, often $100,000 or more.  So when the for-profit college
Continue Reading >>>

New York Times economic columnist Eduardo Porter has a piece this morning seeking to raise doubts about the Obama Administration’s proposed “gainful employment” rule. The rule would, eventually, take away eligibility for federal student aid from career training programs that consistently leave their students with overwhelming debt. While Porter does quote some proponents of the
Continue Reading >>>

Steve Gunderson, the former congressman (R-WI) who heads APSCU, the lobbying group for America’s for-profit colleges, seems to be getting desperate. The industry he represents is seeking once again to block the Obama Administration from issuing a “gainful employment” rule that would, eventually, cut off federal student aid to career training schools that consistently leave
Continue Reading >>>

The Obama Administration’s “gainful employment” rule, aimed at protecting students from predatory career colleges, has gone from the Department of Education to the White House Office of Management and Budget, which is holding meetings with interested parties. These include representatives of our coalition of student, veterans, civil rights, consumer, and other groups seeking a strong
Continue Reading >>>