780 Search Results Found For: "for-profit colleges "
Senators Demand Probe of For-Profit College Circumvention of Student Loan Default Rules
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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For-Profit College Industry’s Phony Pitch to Obama: Now We’re BFFs!
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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Controversial For-Profit College Industry Using Your Tax Dollars To Support Romney Victory
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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Chronicle of Higher Education Allows For-Profit College With High Student Loan Defaults To Sponsor And Pick The Speakers For Loan Default Event
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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EDMC Professors and Students Speak: How Lobbyists & Goldman Sachs Ruined For-Profit Education
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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Justice Dept. says for-profit college ATI engaged in “widespread” fraud
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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On Politico: Taming the for-profit college monster
I have a piece today on Politico proposing a new approach to the abuses of for-profit colleges. Here’s an excerpt: The for-profits have used our taxes to finance a race to the bottom: the more you abuse students, the more money you make. Their wealth may doom to failure the current approach to regulation, which has created
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Congressman, After Hometown Criticism, Pulls Out Of Event At For-Profit College Owned by Big RNC Donor
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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