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

Former students from across the country today filed a blockbuster lawsuit against the collapsed for-profit college giant ITT Tech. The students’ complaint, seeking to intervene in the ongoing bankruptcy proceeding filed by the company, draws on testimonials from hundreds of students — veterans, single mothers, and more — who say they were deceived and abused
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A Texas federal judge’s recent order — that the attorneys general of Massachusetts and New York must submit to questioning by lawyers for ExxonMobil about why they are investigating the company — is highly unusual and unwarranted, as is the underlying lawsuit brought by ExxonMobil against the prosecutors. If upheld, this approach could turn the
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Former District of Columbia public schools chancellor Michelle Rhee is on the rumor list for Donald Trump’s Secretary of Education. (Fellow insistent public school “reformer” Eva Moscowitz apparently doesn’t want the job.) Rhee’s record as chancellor, pushing public charter schools and private school vouchers, and aggressively fighting against the D.C. teachers’ union, brought her to national
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Two new reports — one from a journalist, the other from an investment research firm — confirm in stark terms that former ITT Tech CEO Kevin Modany, his top lieutenants, and the company’s board of directors have only themselves to blame for the company’s collapse. ITT shut its campuses and declared bankruptcy after the U.S. Department
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Lisa Wardell, who joined DeVry Education Group as CEO on May 24, says the for-profit college company is “working to resolve” claims made in a lawsuit by the Federal Trade Commission that DeVry misled students about job placement rates and salaries for its schools’ graduates. In an interview with Republic Report yesterday, Wardell maintained DeVry’s prior position that it
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This morning, one of the nation’s biggest for-profit colleges, ITT Tech, announced that it has permanently shut down its academic operations and fired the “overwhelming majority” of its more than 8,000 employees. In a typically self-pitying, remorseless statement, the company blamed all its woes on the U.S. Department of Education, which, ITT claimed, acted with “a
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For-profit colleges are once again fighting furiously, and expensively, to gut a common sense regulation from the Obama Department of Education. The Hill today is calling this latest lobbying battle a “frenzy.” The Obama rule spurring this frenzy would: 1. Implement a law already on the books by providing standards and procedures for the government to forgive the
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Two former high-ranking executives of Trump University are now two of the top executives at a Florida-based career college, Ultimate Medical Academy, that has 13,000 students enrolled, has been receiving more than $150 million annually in federal student aid, and is accredited by the imperiled agency ACICS. The school, previously a for-profit institution tied to a New
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