181 Search Results Found For: "apscu"

Representative Virginia Foxx (R-NC) yesterday paraphrased a well-known quote about the Holocaust to describe the Obama Administration’s regulation of for-profit colleges. Foxx, who has staunchly defended the for-profit college industry despite its blatant record of abusing students and ripping off taxpayers, apparently didn’t mention in her remarks that she is one of Congress’s biggest recipients
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A for-profit college suddenly shut down all its campuses last week, leaving Massachusetts and Maryland students out in the cold.  The owner of the company, American Career Institute (ACI), told me today that the business is closed for good, because its lenders forced it to shut.  Although we don’t know all the facts yet, ACI’s abrupt
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  The controversial for-profit college industry, threatened by the Obama’s Administration’s efforts to hold it accountable for a torrent of waste, fraud, and abuse at the expense of students and taxpayers, bet heavily on a Romney and GOP victory in 2012.  The industry, which gets $32 billion a year from taxpayers and whose biggest players
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  Since last week’s election, the Fox News Channel has featured several corporate executives complaining about the results. But it’s likely that few are as upset as CEOs of the troubled for-profit college industry. This sector, which is deeply dependent on the federal government, bet heavily on a Republican victory. Mitt Romney, who has a
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Todd Nelson resigned as chief executive of Apollo Group, parent company of the University of Phoenix, in 2006, in the wake of two controversies that ended up in court.  In the first case, Apollo, the nation’s largest for-profit college business, paid $9.8 million in 2004 to settle a U.S. Department of Education complaint that it
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You can fault the for-profit college trade association APSCU for many things, but not for loyalty. APSCU sticks by its members. In May, the FBI raided FastTrain College amid allegations of fraudulent marketing practices. In June, 20 state attorneys general forced marketing company QuinStreet to shut down GIBill.com, a website that deceived countless veterans into believing they
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While his House GOP colleagues are getting publicity for spouting bizarre ideas about rape and pregnancy, or jumping into the Sea of Galilee, Representative Marlin Stutzman of Indiana was planning to head today to the Fort Wayne campus of National College for an event promoted as a chance to inform unemployed veterans about new federal
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Senator Tom Harkin (D-IA) and his Senate Health, Education, Labor and Pensions (HELP) Committee staff released Sunday a report based on a comprehensive investigation of  30 of the biggest for-profit college companies. It’s full of stark revelations about this controversial, troubled industry. I’ve been saying for a couple of years that, no matter how cynical one’s view of
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