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

Last week, troubled for-profit college company ITT Tech settled a series of lawsuits brought by shareholders that charged ITT with various securities law violations.  Under the agreement, approved preliminarily by Manhattan federal judge J. Paul Oetken on Jan. 29 but still subject to objections by investors, ITT will pay lawyers for the plaintiffs $1.1 million and commit
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Rohit Chopra, whose principled and determined leadership helped make the Consumer Financial Protection Bureau a strong force in addressing the abuses of predatory for-profit colleges, has joined the U.S. Department of Education as a senior adviser. Chopra is working directly for Under Secretary Ted Mitchell, focusing on protections for students, analysis of financial capacity and
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A Colorado state trial court has rejected nearly every aspect of a motion by a former for-profit college company to dismiss a fraud lawsuit brought by the Colorado attorney general.  In a November 17 opinion, Judge Ross B.H. Buchanan denied most of the arguments put forth by the Center for Excellence in Higher Education, which operates the
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As approximately 900 people have kindly informed me in the past 36 hours, the CBS drama “The Good Wife” on Sunday highlighted the struggles of students seeking legal redress for abuses they suffered at the hands of high-priced, low quality for-profit colleges. I appreciated the tip, and I’m impressed to see how well “The Good Wife” brought to
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Republican Senators John McCain (AZ), Jeff Flake (AZ), and Lamar Alexander (TN) wrote today to Secretary of Defense Ashton Carter calling on him to “reconsider” the Department’s decision to put the largest for-profit college, the University of Phoenix, on probation for alleged violations in recruiting U.S. military service members. All three Senators have received significant
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The non-profit group No Labels held an unusual candidate forum this morning in New Hampshire. The “No Labels Problem Solver Convention” featured five Republicans plus three Democrats — including Donald Trump, Chris Christie, John Kasich, Bernie Sanders, and Martin O’Malley — all at the same event. No Labels has been organizing on the ground in primary states,
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Inside Higher Ed reports today that USA Funds, a corporation engaged in collecting federal student loan debts from borrowers, has sued the U.S. Department of Education over a policy statement the Department released last week barring companies from charging loan collection fees to students who default but promptly make arrangements to resume payments. USA Funds’s complaint says the
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In a floor speech today, Senator Dick Durbin (D-IL) said he was “troubled” that ECMC, the debt collection company that has acquired more than 50 campuses of collapsing for-profit college chain Corinthian, is “already, just weeks into owning and operating these schools, failing to live up to the promises they made to the students and to me.”
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