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

Massachusetts Attorney General Martha Coakley says she’s expanded her investigation of whether for-profit colleges have deceived students in her state about their prices, graduation rates, and job placement records. “The more we look, the more we see it as a real problem,” Coakley told the Boston Globe. Coakley identified one school she’s probing — American Career Institute (ACI),
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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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Many of America’s big for-profit colleges spend more on advertising and high-pressure recruiting than they do on educating students — a key reason why so many of their students drop out and end up with insurmountable debt. If you have a TV or a computer — and you do — then you are probably bombarded
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Eight U.S. Senators today sent a letter to U.S. Secretary of Education Arne Duncan calling on him to investigate tactics used by some major for-profit colleges to circumvent rules aimed at reducing student loan defaults.  A report issued in July by Senator Tom Harkin’s Health, Education, Labor, and Pensions (HELP) committee documented that several big for-profit
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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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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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The Chronicle of Higher Education, a venerable publication read by college faculty and administrators nationwide, has been sending invitations all over Washington, inviting policy experts, Capitol Hill staffers, media, and others to an October 19 panel discussion entitled “Student Loan Default Aversion: Forum on Research and Best Practices.” According to the invitation, the “lively discussion”
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      Lorna Hernandez taught graphic design and animation for eighteen years at a for-profit college, The Art Institute of Fort Lauderdale, until she quit, last Thursday. Unlike some of her faculty colleagues, Hernandez, chair of the school’s animation department, was not laid off in last month’s major downsizing by Pittsburgh-based Education Management Corp.
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