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

Yesterday, Birmingham, Alabama-based for-profit college company Education Corporation of America (ECA) announced the new name for the campuses, until now called Kaplan College, that it recently bought from Graham Holdings Company. The schools will henceforth be known as “Brightwood College.” Are the schools to be named after New England education pioneer Jebediah Brightwood?  Nope. It appears that there
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Some of the largest for-profit college companies — including, last month, DeVry and Kaplan — have recently left the industry’s main trade group, the Association of Private Sector Colleges and Universities (APSCU). The defections have come amid a rapid decline in the reputations and fortunes of many for-profit colleges — and the apparent failure of
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On Monday, U.S. Secretary of Education Arne Duncan and Under Secretary Ted Mitchell had a conference call for reporters to announce the Department’s plans to offer debt relief for students from the now-collapsed, predatory Corinthian Colleges. I offered some analysis that day about the announcement, but here’s the whole transcript. It contains some of the most
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The big for-profit colleges were back in court in Washington again this morning, arguing to a federal judge that the Obama Administration did not have the power to subject them to even the most minimal standards of accountability for leaving their students with overwhelming debt. Despite the mountain of evidence that many for-profit colleges have engaged in predatory behavior
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Even if predatory for-profit college companies can hang on for a period, restoring revenues while retaining their abusive practices, the era where they blatantly and arrogantly rip off and students and taxpayers, while Washington politicians and lobbyists do their bidding without apparent shame, is likely near its end. But to make that happen, the Obama
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On Thursday, November 6, the national trade association of for-profit colleges, APSCU, sued the Obama Administration in federal court in Washington DC to strike down the new 2014 “gainful employment” rule. The complaint repeats many of the claims from APSCU’s suit to strike down the 2011 gainful employment rule: that the U.S. Department of Education didn’t have the
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The Obama Administration is releasing its “gainful employment” rule, aimed at curbing abuses by federally-funded career colleges, at 7 am Thursday.  I can’t fully evaluate the rule without seeing its details. But I have obtained a press release and fact sheet provided by the Administration to the media and also spoken to Administration and other
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The Obama Administration is scheduled to issue, within the next few weeks, a regulation called the gainful employment rule, aimed at cutting off federal student aid to college-level career training programs that consistently leave their students drowning in debt. Lobbyists for the for-profit college industry are pressing the White House hard to weaken the rule or
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