Sunday we wrote about the new gold rush in education: for-profit colleges converting to non-profit status, allowing them to shed the stigma and special regulatory requirements of for-profits, notably the federal 90-10 rule, while retaining parallel for-profit entities that could keep getting paid by the non-profit, and thus keep getting rich off an endless flow
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Despite the ongoing project by Trump Secretary of Education Betsy DeVos and her revolving door lieutenants to abandon all accountability measures for predatory colleges and student loan collectors, for-profit schools around the country keep failing. The latest announcement comes from Lake Charles, Louisiana’s Delta Tech (Delta School of Business and Technology), which abruptly declared it would stop looking
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Politico recently reported that Trump Secretary of Education Betsy DeVos may be ready to reverse a 2016 Obama Administration decision that rejected the application of the predatory CollegeAmerica/Stevens-Henager chain to be treated as a non-profit school for purposes of Department regulation. Such an about-face by the DeVos Department would reduce accountability measures for the previously for-profit college chain,
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As discussions grew contentious at the Department of Education’s meetings to repeal and replace the Obama administration’s rule to protect defrauded students, an apparently exasperated for-profit college industry lawyer seemed to admit that a draft rule proposed by the Department closely matched the wish list of schools in her industry. The 2016 Obama borrower defense
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You can watch a live stream, right now, of the Donald Trump-Betsy DeVos Department of Education destroying government regulations aimed at curbing well-documented, egregious abuses committed against students by for-profit colleges. The only reason you can watch this live stream of the DeVos Department doing the bidding of the for-profit college industry is because advocates
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  Attorney Clark Kent Ervin, the independent monitor for Zenith Education, a chain of career colleges, has just released his final report. Zenith was an experiment, pursued by the Department of Education, to see if a large predatory for-profit college chain that ruined many students’ lives could be purchased by a non-profit group with no
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Politico reports this morning that Trump Secretary of Education Betsy DeVos may be ready to reverse the Obama Administration’s 2016 decision to reject the application of the predatory CollegeAmerica/Stevens-Henager chain to be treated as a non-profit school for purposes of Department regulation. That would be good for the chain’s wealthy operator, Carl Barney, but, as with
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The following are comments I made today at the Department of Education rule-making meeting on student loan issues. Many for-profit colleges get 80 percent, 90 percent, or more of their revenue from taxpayers. Taxpayers have a right to expect adequate performance and avoidance of waste, fraud, and abuse. Some for-profit schools do a good job.
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