The controversial for-profit college industry, threatened by the Obama’s Administration’s efforts to hold it accountable for a torrent of waste, fraud, and abuse at the expense of students and taxpayers, bet heavily on a Romney and GOP victory in 2012.  The industry, which gets $32 billion a year from taxpayers and whose biggest players
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Beneath the raw offensiveness of Mitt Romney’s statement to his donors that President Obama won by providing “gifts” to African-Americans, Latinos, and young people, is a layer of remarkable hypocrisy: It was actually Romney who was promising big giveaways of taxpayer money during the campaign. But instead of offering his gifts to actual people, Romney pledged
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  Since last week’s election, the Fox News Channel has featured several corporate executives complaining about the results. But it’s likely that few are as upset as CEOs of the troubled for-profit college industry. This sector, which is deeply dependent on the federal government, bet heavily on a Republican victory. Mitt Romney, who has a
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Todd Nelson resigned as chief executive of Apollo Group, parent company of the University of Phoenix, in 2006, in the wake of two controversies that ended up in court.  In the first case, Apollo, the nation’s largest for-profit college business, paid $9.8 million in 2004 to settle a U.S. Department of Education complaint that it
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Is Mitt Romney “severely conservative,” as he put it during the primary season, or is he instead the semi-compassionate moderate he has portrayed since the first debate? It’s the question pundits keep asking, and of course it’s important to his political strategy and the outcome of the election. But to understand how Romney would actually govern
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The Chronicle of Higher Education, a venerable publication read by college faculty and administrators nationwide, has been sending invitations all over Washington, inviting policy experts, Capitol Hill staffers, media, and others to an October 19 panel discussion entitled “Student Loan Default Aversion: Forum on Research and Best Practices.” According to the invitation, the “lively discussion”
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      Lorna Hernandez taught graphic design and animation for eighteen years at a for-profit college, The Art Institute of Fort Lauderdale, until she quit, last Thursday. Unlike some of her faculty colleagues, Hernandez, chair of the school’s animation department, was not laid off in last month’s major downsizing by Pittsburgh-based Education Management Corp.
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You can fault the for-profit college trade association APSCU for many things, but not for loyalty. APSCU sticks by its members. In May, the FBI raided FastTrain College amid allegations of fraudulent marketing practices. In June, 20 state attorneys general forced marketing company QuinStreet to shut down GIBill.com, a website that deceived countless veterans into believing they
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