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

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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Giant career college Grand Canyon University, which boasts a student enrollment of 118,000 and receives more taxpayer-funded federal student aid than any other for-profit college in the country, has issued a lengthy press release charging that government officials “are coordinating efforts to unjustly target” the school. GCU asserts that officials at the U.S. Department of
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The Art Institutes, a long-operating career college chain that developed a strong commitment to teaching but later devolved through a series of troublingly opportunistic owners into what the Justice Department called “a diploma mill,” says it has shut down for good.  The school’s website says that effective September 30, the Art Institutes’ remaining eight campuses
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The U.S. Department of Education announced today that it will provide $37 million in student debt cancellation for some 1,200 former students who contend they were scammed by the University of Phoenix, which has long been the largest for-profit college and has received tens of billions in taxpayer funding. “The University of Phoenix brazenly deceived
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