771 Search Results Found For: "for-profit colleges "

The Trump Department of Education announced two weeks ago that it planned to go hard at student loan borrowers who have not been repaying, declaring that on May 5 it would resume collections of defaulted loans. It was the previous Trump administration that halted collections, in March 2020 at the start of the pandemic. But
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Former for-profit college owner Carl Barney donated more than a million dollars to political committees working to elect Donald Trump in 2024. Yet while the transactional Trump has spent much of his first 100 days taking actions, including through the justice system, that benefit big donors, cronies, and other supporters, the U.S. Justice Department this
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Last week, Washington governor Bob Ferguson signed legislation that will require online, out-of-state colleges that enroll Washington residents to obey the state’s consumer protection laws. State Representative Gerry Pollet, (D-Seattle), sponsor of the legislation, explained in a statement, “Online universities, including many for-profits, who advertise and recruit heavily to entice Washington residents to enroll have sought
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A new report filed with the Federal Election Commission shows that the troubled for-profit college operation Perdoceo Education Corp. donated $50,000 to the 2025 Trump-Vance Inaugural Committee. Almost all of Perdoceo’s revenue comes from U.S. taxpayers. The report filed this week by the Trump committee lists, among hundreds of other gifts from corporations and individuals,
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Many top for-profit college industry owners supported Donald Trump’s bid to return to the White House. They had benefitted when, during Trump’s first term, his education secretary, Betsy DeVos, largely ended federal regulatory and enforcement efforts to hold for-profit schools accountable for deceiving students and ripping off taxpayers. But some industry barons, having contributed to
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For-profit companies that help colleges create and recruit students into online programs cannot represent themselves as part of those institutions, nor can they claim that their virtual credentials are equivalent to in-person ones, the U.S. Department of Education announced Tuesday. Doing so would likely be considered misrepresentation and could result in the Education Department fining
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The owners of shuttered for-profit Hussian College have sued the school’s former president and CEO, Jeremiah Staropoli, seeking $162 million in damages and penalties and claiming that Staropoli and close associates in the company embezzled funds and then conspired to cover up the alleged misdeeds. On September 5, father-and-son Hussian owners David and Joshua Figuli
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I spoke today at a Capitol Hill press event organized by the Debt Collective. Other speakers, who included senators Dick Durbin (D-IL) and Ed Markey (D-MA), Representative Maxine Waters (D-CA), and Ashley Pizzuti and Valerie Scott, two of the student borrowers who organized the event, properly focused on the urgency of the Biden administration cancelling
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