A website displaying McDonalds’ famed golden arches and promising jobs at the fast-food empire quickly pushes visitors instead to recruiters at for-profit colleges, including those owned by two of the largest and most troubled companies in this sector — ITT Tech and Education Management Corporation (EDMC). Republic Report has exposed in the past websites that promise
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For-profit college company DeVry Education Group announced last week that the Chancellor of the University of California-Davis, Linda Katehi, had joined its board of directors.  Today, after facing criticism from public interest organizations and a California legislator, Katehi quit the DeVry board. The Federal Trade Commission sued DeVry in January for alleged deceptive advertising.  The company
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After six years of engagement on the issue of America’s predatory for-profit colleges, I feel I’ve seen it all — every kind of account of students deceived and abused by cynical college operators who have taken billions in federal student aid money, of slick industry lobbyists using campaign cash to avoid accountability measures, of government
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Last week, Secretary of Education John King and Undersecretary Ted Mitchell announced the creation of a new enforcement division, headed by an experienced Federal Trade Commission lawyer, to crack down on deceptive practices by colleges, particularly in the abusive for-profit college sector. It was one of those days when it looked like the Department, long
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On Monday, the University of Phoenix’s owner, Apollo Education Group, announced a $1.1 billion deal to be acquired by a group of investors including Apollo Global Management (no relation) and the Vistria Group, a private equity firm that includes Tony Miller, who was Deputy Secretary of Education under President Obama from 2009-2013. Miller would become Chairman of the Apollo Education
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Last week the U.S. Department of Education took the rare step of cutting off federal student aid to two for-profit college chains, each accused of deceiving the Department and their own students. The allegations against the schools, while similar to abuses exposed at other schools in the past, are startling. But what’s also interesting is
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Last spring, when for-profit Corinthian Colleges abruptly shut down under the weight of allegations of deceptive acts, Corinthian students had a choice under U.S. Department of Education rules: transfer to another school, or receive a “closed school discharge,” which would free them from the obligation of repaying the student loans they had incurred at the
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Today, the University of Phoenix’s owner, Apollo Education Group, announced a $1.1 billion deal to be acquired by a consortium of investors including Apollo Global Management (no relation) and the Vistria Group, a private equity firm that includes Tony Miller, who was Deputy Secretary of Education under President Obama from 2009-2013. Miller would become Chairman of the Apollo
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