September 10, 2019

Warren, Colleagues Ask Collapsed For-Profit ECA Not To Sell Student Debt to Collectors

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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October 18, 2018

For-Profit College Chain Claims Financial Distress, Sues DeVos

The for-profit college chain Education Corporation of America (ECA) has filed a lawsuit against Secretary of Education Betsy DeVos and is headed to federal court in Alabama today, seeking an emergency order from a court to appoint a receiver, protect the school from creditors and evictions, and keep taxpayer dollars flowing to school owners. In
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October 6, 2015

For-Profit Colleges Appear to Use Random WASP College Name Generator

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Yesterday, Birmingham, Alabama-based for-profit college company Education Corporation of America (ECA) announced the new name for the campuses, until now called Kaplan College, that it recently bought from Graham Holdings Company. The schools will henceforth be known as “Brightwood College.” Are the schools to be named after New England education pioneer Jebediah Brightwood?  Nope. It appears that there
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