November 17, 2016

Rumored Trump Education Pick Michelle Rhee Praised Predatory College Group

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Former District of Columbia public schools chancellor Michelle Rhee is on the rumor list for Donald Trump’s Secretary of Education. (Fellow insistent public school “reformer” Eva Moscowitz apparently doesn’t want the job.) Rhee’s record as chancellor, pushing public charter schools and private school vouchers, and aggressively fighting against the D.C. teachers’ union, brought her to national
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October 24, 2016

For-Profit Computer Systems Institute Stays Alive

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On April 15, 2016, the U.S. Department of Education cut off federal student grants and loans to the Skokie, Illinois-based for-profit college chain Computer Systems Institute (CSI), citing detailed evidence of fraudulent conduct. Denying CSI’s appeal from its initial January 2016 decision, the Department used unusually harsh language in concluding that CSI gave its accrediting agency, Accrediting Council
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October 24, 2016

CEO of Shut-Down For-Profit College Defends His “Salesmen”

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In a TV interview on Friday, Larry Earle, the CEO of shuttered San Antonio-based for-profit Career Point College, gave the game away about what many for-profit colleges are all about. Defending his closed school against findings by the U.S. Department of Education that Career Point had engaged in financial aid fraud and mismanagement, and facing lawsuits filed
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September 23, 2016

Devastating Reports: ITT Tech Killed Itself

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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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September 21, 2016

Leaked Powell Emails Detail Ties to Key For-Profit College Investor

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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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September 21, 2016

New CEO Says DeVry Is Seeking to Resolve Deception Charges

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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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September 8, 2016

ITT Tech Collapse: Radio Version

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I’ve been on some radio shows this week to discuss the collapse of predatory ITT Tech, the fate of students, and the future of for-profit colleges. If you love talk radio, tune in: Background Briefing with Ian Masters, Sept. 6 The Agenda with Ari Rabin-Havt, SiriusXM Progress 127, Sept. 8 The Source, Texas Public Radio,
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September 6, 2016

Good Riddance: 6 Facts About Shut-Down ITT Tech

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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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