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

The California Court of Appeal on Tuesday upheld $21 million in penalties against for-profit Ashford University, after a state judge found in 2022, following a trial, that the school had systematically deceived prospective students about matters including the costs of attendance, the value of Ashford degrees, and the transferability of credits. The appeals court affirmed
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In the shoe department at Belk’s department store yesterday, a familiar thing: The sales guy was trying to convince us to get a Belk’s credit card, saying we would get a big discount on the shoes. We got to talking, and he mentioned that he was taking his first airplane flight ever in a couple
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The U.S. Department of Education has reached a deal with California-based International Education Corp. (IEC) that requires the “separation” from the company of its CEO, as well as its chief financial officer. The agreement, posted this morning on the Department’s website, also finalizes the termination of federal aid to IEC’s troubled for-profit Florida Career College
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A report released Tuesday by investment firm Safkhet Capital details predatory abuses at — and financial and regulatory perils now faced by — the for-profit college company Adtalem Global Education. Safkhet is headed by Fahmi Quadir, who has been nicknamed “The Assassin” for her record of aggressively targeting companies, notably Valeant Pharmaceuticals, whose stock she
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Florida Career College, a chain of schools that offered programs in health care, business, and other fields but faced a cutoff of federal aid following an investigation by the U.S. Department of Education, announced this morning that it is shutting down for good. Addressing a meeting of the Florida state Commission on Independent Education this
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On Friday I submitted to the U.S. Department of Education, as part of their ongoing process of evaluating college accrediting organizations, a comment on the accreditor Southern Association of Colleges and Schools, Commission on Colleges (SACS). The Department reviews the performance of accreditors in order to decide whether they are effective gatekeepers for the taxpayer-funded
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Chicago-based accrediting agency Higher Learning Commission (HLC), which oversees giant for-profit University of Phoenix, has signed off on the controversial deal, announced in May, for Phoenix to be sold by its owners, led by private equity behemoth Apollo Global Management, to a new non-profit entity tied to the University of Idaho. At its November meeting,
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The accrediting agency ACCSC has placed Miami for-profit Atlantis University on warning status, a decision that bars the school from starting new academic programs or opening new locations pending a further review that could place the school in even bigger trouble. The accreditor’s action came just weeks after Atlantis withdrew its application with ACCSC to
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