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

The attorneys general of 22 states and the District of Columbia today sued Betsy DeVos over the Trump administration’s new borrower defense rule, a regulation that would make it virtually impossible for defrauded students to get their federal loan obligations cancelled, even though a federal statute provides that right. The lawsuit, filed in federal court
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Trump education secretary Betsy DeVos has appointed, as the sole student representative on a key Department of Education outside advisory committee, a Michigan law student who until recently worked at the Department as a confidential assistant to DeVos’s top higher education aide, Diane Auer Jones. The advisory body, the National Advisory Committee on Institutional Quality
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On January 2, Career Education Corporation (CEC) changed its name to Perdoceo, thus becoming the latest big for-profit college business to shed a name associated with predatory misconduct and switch to a pharmaceutical name. (Previous examples: Zovio, Adtalem.)  Today, on a quarterly investor call, Perdoceo CEO Todd Nelson bragged of increased company revenues. Trump education
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The Federal Trade Commission announced Wednesday that it had reached a settlement with the New Jersey-based operators of a website called LendEDU, which falsely claimed to offer “unbiased” advice about student loans, personal loans, and credit cards. In fact, LendEDU gave higher ratings to companies that paid for the placement. LendEDU also touted positive reviews
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An Indiana federal judge has let the directors of collapsed, disgraced for-profit college ITT Tech off the hook, rejecting claims from the company’s bankruptcy trustee that the board’s failure to fire CEO Kevin Modany breached their fiduciary duties. But U.S. District Court Judge James Patrick Hanlon rejected Modany’s own effort to escape liability, ruling that
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On Monday we will be three full years into the Donald Trump presidency, a period marked by relentless corruption of our democracy to benefit wealthy special interests, as well as to soothe Trump’s own vanity and vindictiveness. Until late 2018, Republic Report published a weekly “Trump Terrible 10,” counting down the ten most disgraceful people
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I’ve written here before about the shameful practice of many large employers offering a dubious benefit to their employees: “discounted” tuition to overpriced for-profit colleges, some of them schools that have faced numerous law enforcement actions for fraud and deception. I’ve questioned why these employers would want to steer their employees to schools that ruin
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Betsy DeVos has been under pressure from congressional Democrats and others because of evidence that her Department of Education facilitated deceptions against students by a failed predatory college operation, Dream Center Education Holdings. At the same time, she’s taken heat, and been held in contempt by a federal judge, because the Department has illegally pursued
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