Donald Graham, who turned his family company from the fabled owners of the Washington Post newspaper into the purveyors of the predatory for-profit college Kaplan University, met twice late this month with senior White House officials. Graham’s aim, as documents he left behind and were posted by the Office of Management and Budget indicate: to derail the
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I was just alerted to this gem of a tantrum / press release issued two weeks ago by the for-profit college trade association APSCU, whose strategy of aggressive, expensive lobbying and litigation has utterly failed, and which now has lost much of its funding. Having harbored as members now disgraced and shut-down schools like Corinthian,
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The U.S. Department of Education says that at an event scheduled for today in Boston with Massachusetts Attorney General Maura Healey, Secretary of Education John B. King Jr. will announce that students who attended 91 former Corinthian Colleges campuses nationwide between 2010 and 2014 “have a clear path to loan forgiveness under evidence uncovered by the Department while working
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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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Today, the day after the New York Times ran a blockbuster front-page lead story describing some of the worst ongoing abuses of big for-profit colleges, one of the nation’s leading higher education philanthropies kicked off a major conference in Washington with a panel giving its place of honor to the retired former chairman of the House of
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I mailed this letter today to Mr. Arthur E. Benjamin, Vice Chair, American Institutes Holdings LLC; Mr. Donald E. Graham, Chairman and CEO, Graham Holdings Company; and Mr. Steve Gunderson, President and CEO, Association of Private Sector Colleges and Universities. Dear Mr. Benjamin, Mr. Graham, and Mr. Gunderson: I am writing regarding the career college sector
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A Wells Fargo stock analyst, who boosts for-profit colleges while frequently overlooking their abuses, lays the blame for one particularly predatory college’s high failure rate at the feet of low-income students, or, as he calls them, “subprime” students. Summarizing a presentation by Corinthian Colleges, which has one of the worst records of serving students of
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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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