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

The for-profit college trade association APSCU opened its conference today in Orlando, and amid sessions about dealing with increased government scrutiny after APSCU’s failed lobbying strategy, there was news about two former APSCU members: Massachusetts Attorney General Maura Healey today announced a June 2 agreement under which for-profit American Career Institute (ACI), which shut down
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Donald Graham, who turned his family company from the fabled owners of the Washington Post newspaper into the purveyors of the predatory for-profit college Kaplan University, met twice late this month with senior White House officials. Graham’s aim, as documents he left behind and were posted by the Office of Management and Budget indicate: to derail the
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  The U.S. Department of Education announced today it has “accepted” the law firm Squire Patton Boggs as the new “independent monitor” for Zenith Education Group. Zenith is a division of the non-profit debt collection company ECMC, which, with Department approval, last year took over many Everest College and WyoTech campuses of the now-defunct, notoriously
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Massachusetts Attorney General Maura Healey has sued troubled for-profit college giant ITT Tech for alleged deceptive practices and abuses of students in the state. Healey filed the suit last Thursday in Norfolk, MA, Superior Court, and her office disclosed the action in a press release today, which says that ITT, from 2010 to 2013, was
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The Department of Veterans Affairs today suspended for-profit DeVry University from the VA’s “Principles of Excellence” status under the GI Bill.  The VA said in a statement that it had taken the action after it had reviewed a recent lawsuit filed by the Federal Trade Commission alleging that DeVry has engaged in deceptive marketing. In today’s statement and in a
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For-profit college company DeVry Education Group announced last week that the Chancellor of the University of California-Davis, Linda Katehi, had joined its board of directors.  Today, after facing criticism from public interest organizations and a California legislator, Katehi quit the DeVry board. The Federal Trade Commission sued DeVry in January for alleged deceptive advertising.  The company
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On Monday, the University of Phoenix’s owner, Apollo Education Group, announced a $1.1 billion deal to be acquired by a group of investors including Apollo Global Management (no relation) and the Vistria Group, a private equity firm that includes Tony Miller, who was Deputy Secretary of Education under President Obama from 2009-2013. Miller would become Chairman of the Apollo Education
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Last spring, when for-profit Corinthian Colleges abruptly shut down under the weight of allegations of deceptive acts, Corinthian students had a choice under U.S. Department of Education rules: transfer to another school, or receive a “closed school discharge,” which would free them from the obligation of repaying the student loans they had incurred at the
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