153 Search Results Found For: "friends in high"

Former students from across the country today filed a blockbuster lawsuit against the collapsed for-profit college giant ITT Tech. The students’ complaint, seeking to intervene in the ongoing bankruptcy proceeding filed by the company, draws on testimonials from hundreds of students — veterans, single mothers, and more — who say they were deceived and abused
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The U.S. Department of Education today approved the application of the Apollo Education Group, owner of the University of Phoenix, to convert from being a publicly-traded company to one owned by private equity firms and still keep its eligibility for federal student grants and loans. But in a letter, the Department, expressly citing the multiple
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Senate Armed Services Committee chairman John McCain (R-AZ) held a hearing last week for the express purpose of attacking the Defense Department’s 2015 decision to temporarily ban the for-profit University of Phoenix from recruiting U.S. military service members. Even though the Pentagon’s action was based on significant evidence that the University of Phoenix had engaged in
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As we walked down my Washington DC block on election eve, before the returns starting coming in, a stranger in a darkened doorway suddenly addressed me and my friends. “Are you ready,” he asked tauntingly, “to drain the swamp?” A few hours later, the remark seemed ominous. But of course, just days after, it has proved to be
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Two new reports — one from a journalist, the other from an investment research firm — confirm in stark terms that former ITT Tech CEO Kevin Modany, his top lieutenants, and the company’s board of directors have only themselves to blame for the company’s collapse. ITT shut its campuses and declared bankruptcy after the U.S. Department
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The hacked emails from former Secretary of State Colin Powell have been widely noted because of Powell’s candid remarks about topics including Hillary Clinton, Donald Trump, and nuclear weapons. But Republic Report is intrigued by a series of exchanges about the for-profit college industry between Powell and Jeffrey Leeds, a key private equity investor in, and advocate
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Lisa Wardell, who joined DeVry Education Group as CEO on May 24, says the for-profit college company is “working to resolve” claims made in a lawsuit by the Federal Trade Commission that DeVry misled students about job placement rates and salaries for its schools’ graduates. In an interview with Republic Report yesterday, Wardell maintained DeVry’s prior position that it
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This morning, one of the nation’s biggest for-profit colleges, ITT Tech, announced that it has permanently shut down its academic operations and fired the “overwhelming majority” of its more than 8,000 employees. In a typically self-pitying, remorseless statement, the company blamed all its woes on the U.S. Department of Education, which, ITT claimed, acted with “a
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