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

The giant for-profit college company Career Education Corporation (CEC) says it has agreed to pay $30 million to resolve a Federal Trade Commission investigation into whether it engaged in deceptive marketing to prospective students. The $30 million, which CEC says includes “restitution,” presumably for students, is a pittance compared to the billions of dollars —
Continue Reading >>>

Today is the deadline to tell U.S. Secretary of Education Betsy DeVos your views about a proposed rule that would strip away some of the remaining protections for students and taxpayers against abuses by predatory for-profit colleges.  You can submit a comment here. Feel free to borrow from what I just submitted. I have pasted
Continue Reading >>>

In an all-too-familiar turn, Trump education secretary Betsy DeVos chose a Friday afternoon to formally rescind a regulation that protected consumers and taxpayers — in this case the gainful employment rule, issued in 2014 by the Obama administration. The rule was aimed at denying federal dollars — in the form of student grants and loans
Continue Reading >>>

A New York Times article published this evening includes a tantalizing claim from Diane Auer Jones, Betsy DeVos’s top higher education aide: that she blew the whistle on for-profit Career Education Corp. (CECO), where she worked from 2010 to 2015 as senior vice president. The Times piece reports, referencing Jones, “She was the one who reported
Continue Reading >>>

Regarding the recent epidemic of for-profit college closures, Steve Gunderson, the chief lobbyist for that industry, has taken his shamelessness to new heights — brazenly suggesting that the shuttered schools have no connection to his lobby group, CECU, when he knows full well that they used to be members, and mischaracterizing industry critics’ views on
Continue Reading >>>

Senators Maggie Hassan (D-NH) and Dick Durbin (D-IL) today introduced the Preventing Risky Operations from Threatening the Education and Career Trajectories of Students (PROTECT Students) Act of 2019, a bill that would enshrine in law many key reforms sought by advocates for veterans and other students in order to prevent predatory practices by for-profit colleges.
Continue Reading >>>

While some predatory college chain operations, like Dream Center/EDMC, Education Corp. of America, and Vatterott, have been collapsing under the weight of abuses and mismanagement, other for-profits are now bragging to Wall Street investors that boom times are back. Two of the most prominent examples — Grand Canyon University and Career Education Corp. — have
Continue Reading >>>

The Trump-DeVos Department of Education is holding another round of meetings this week on a proposed set of regulations governing higher education. The proposals span a ridiculously wide range of issues, but the overriding theme is clear: Just about anyone or anything that wants to call itself a school, or a “provider” to a school, can run just about
Continue Reading >>>