Senator Elizabeth Warren (D-MA), Rep. Bobby Scott (R-VA), and other members of Congress have written to the collapsed for-profit college chain Education Corporation of America (ECA) and its court-appointed receiver asking that ECA not sell its outstanding student loan debt to a financial firm that would seek to collect payments from former students. The letter,
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When the head of fraudulent Trump University became President of the United States, he quickly anointed Jerry Falwell, Jr., as his favorite college president. The Liberty University head had endorsed Trump for the White House in January 2016. In return, at least according to Falwell, president-elect Trump offered to make Falwell his Secretary of Education.
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One more thought on this week’s Capitol Forum report on abuses at Career Education Corp. under CEO Todd Nelson, last week’s FTC action against CEC, and treatment of for-profit colleges under Donald Trump and his education secretary, Betsy DeVos. Diane Auer Jones, the former CEC senior executive who is now DeVos’s top higher education aide,
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We reported last month on the for-profit college operation Career Education Corporation’s (CEC) announcement it had reached a settlement with Federal Trade Commission staff of an investigation into deceptive practices by the company. Now the FTC has announced that it has approved that settlement.  Although the commission staff deserves credit for going after bad actor
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House Education and Labor Committee chairman Bobby Scott (D-VA) has just raised the stakes in the battle over Betsy DeVos’s coddling of predatory for-profit colleges, sending a letter to the Trump Secretary of Education demanding that some of her top aides submit to transcribed interviews with the committee regarding the Department’s handling of the collapsed
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Today is the deadline to tell U.S. Secretary of Education Betsy DeVos your views about a proposed rule that would strip away some of the remaining protections for students and taxpayers against abuses by predatory for-profit colleges.  You can submit a comment here. Feel free to borrow from what I just submitted. I have pasted
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In an all-too-familiar turn, Trump education secretary Betsy DeVos chose a Friday afternoon to formally rescind a regulation that protected consumers and taxpayers — in this case the gainful employment rule, issued in 2014 by the Obama administration. The rule was aimed at denying federal dollars — in the form of student grants and loans
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A New York Times article published this evening includes a tantalizing claim from Diane Auer Jones, Betsy DeVos’s top higher education aide: that she blew the whistle on for-profit Career Education Corp. (CECO), where she worked from 2010 to 2015 as senior vice president. The Times piece reports, referencing Jones, “She was the one who reported
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