181 Search Results Found For: "apscu"

Colin Powell Chairs Business Accused of Systematically Defrauding Veterans

As veterans return home to earn a college degree, many say they have been defrauded out of their education benefits from a company chaired by none other than retired general and former Secretary of State Colin Powell. Powell is the chairman of the advisory board to Leeds Equity Partners, an investment firm that co-owns for-profit
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Embattled For-Profit College EDMC Enlists Students As Lobbyists

The second largest for-profit college company, Pittsburgh-based Education Management Corporation (EDMC), is facing severe challenges. The company, 41 percent owned by Goldman Sachs, held a conference call for investors last week, and the data was not good — enrollment and revenue remain down. Market analyst reaction was lukewarm at best, and the company’s stock price plunged
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Federal & State Law Enforcement Dramatically Escalate For-Profit College Probes

A year ago, if you were Jack Massimino, CEO of  Corinthian Colleges, you might have been feeling pretty good.  Despite extensive evidence from congressional and media investigations that Corinthian, along with other big for-profit colleges, has been abusing students — luring them with deceptive recruiting, offering high-priced, low quality programs, and often leaving them without
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Breaking For-Profit College News: VA Shopping Tool, Coalition Letter, Andrews Quitting

Developments are happening at lightning speed on for-profit college issues. This morning: 1. The Department of Veterans affairs launched a new website, the GI Bill Comparison Tool, allowing vets, and to some extent other students, to compare college options. The initiative is part of action on President Obama’s 2012 executive order to protect vets and current service
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State Attorneys General Open Major Investigations of Big For-Profit Colleges

In tomorrow’s State of the Union address, President Obama will likely revisit his plans to hold America’s colleges and universities more accountable for helping U.S. students train for real careers.  But while a stalemated Congress still blocks progress in many areas, a bipartisan group of state attorneys general just took a major step to help
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Daily Caller, Once Rabid Protector of For-Profit Colleges, Attacks School Tied to Clintons

The Daily Caller, a conservative web publication, devoted much space in recent years to attacks on critics of America’s for-profit colleges, echoing claims made by for-profit college owners at a time when that controversial industry has been seeking to avoid accountability for its well-documented abuses of students and taxpayers. Yet now the Tucker Carlson-edited website
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Corruption Threatens Obama Action on For-Profit Colleges

In the past five years Americans have become increasingly aware that many for-profit colleges — the career training schools that advertise all over TV, the Internet, and city buses — are engaged in systematic fraud. These schools have been caught luring students with false promises about the cost of programs and the value of degrees
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Obama Team Must Be Fair, but Tough, on For-Profit Colleges

This morning the U.S. Department of Education convenes what may finally be the last session of its negotiated rulemaking on a proposed “gainful employment” rule, a measure aimed at cutting off federal aid to career college programs that fail to train students to earn a decent living.  The latest draft regulation from the Department would
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