Kevin Modany, the long-time CEO of the for-profit college chain ITT Tech, spent the months before the company’s collapse focused on increasing his financial take from the business and trying to preserve his reputation, rather than protecting ITT’s investors — let alone the interests of ITT students or of U.S. taxpayers, who have provided billions
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With Trump Education Secretary Betsy DeVos having turned over her Department’s policies to lobbyists for the very predatory colleges that have ripped off students and taxpayers for billions of dollars, many of the bad actors in the for-profit college industry have accelerated a wave of conversions to non-profit status, aimed at freeing them from the few remaining federal
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Troubling conversions of predatory for-profit colleges into corrupted non-profits benefit wealthy insiders — and harm students and taxpayers Below are comments I plan to deliver today to the U.S. Department of Education’s National Advisory Committee on Institutional Quality and Integrity (NACIQI).  Members of the committee, good morning. Mr. Gunderson and Carl Barney, Mr. Juhlin’s boss, have
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The once for-profit Art Institutes are now run by the non-profit, faith-based Dream Center. But they’re connected to the new Woz U and a web of for-profit companies — raising questions of conflict of interest and legal compliance.  On the phone, Brent Richardson, the CEO and co-chairman of the new non-profit Dream Center Education Holdings
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  Ten Democratic senators wrote to Secretary of Education Betsy DeVos late last week that Diane Auer Jones, who formerly worked for a number of controversial for-profit colleges, has a “significant number of conflicts of interest and appearances of impropriety” in her current role as DeVos’s senior policy advisor. The senators charge that Jones “has a
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In two separate letters sent over the past week, Democratic U.S. senators are demanding government investigations of a wave of troubling conversions of bad-acting for-profit colleges into non-profit educational institutions. In these finalized or proposed transformations, for-profit school chains — including Kaplan, Grand Canyon, EDMC, Bridgepoint, CollegeAmerica, Ultimate Medical Academy, and Keiser — are changing
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As Secretary of Education Betsy DeVos seems to be moving toward restoring her department’s blessings on the discredited college accrediting body ACICS, a powerful Republican has sent a letter that cites tawdry practices at a number of ACICS-approved schools. Senate Judiciary Committee chairman Charles Grassley has written to Homeland Security secretary Kirstjen Nielsen seeking answers about U.S.
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Veterans in Jacksonville, Florida, say that for-profit Florida Career College didn’t warn them before they enrolled that the school was in danger of losing its eligibility for GI Bill funding from the Department of Veterans Affairs, according to a local TV report from Action News Jax. And now the school has lost its GI Bill eligibility,
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