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More Probes, Oversight (And Dress Codes) for Predatory For-Profit Colleges

David Halperin | Posted 06.03.2014 | Business
David Halperin

The for-profit college industry is lobbying furiously to prevent the Obama Administration from issuing a strong "gainful employment" rule that would cut off aid to career training programs that consistently leave students with insurmountable debt.

Steve Forbes, the Olympics, Congress and Other Stuff For-Profit Colleges Buy With Your Tax Dollars

David Halperin | Posted 02.11.2014 | Business
David Halperin

America's for-profit colleges are receiving as much as $33 billion in a single year from your tax money, and billions more from the pockets of students, a lot of whom are left deep in debt and jobless from their encounters with predatory schools.

Finally, a Chance to Curb the Abuses of For-Profit Colleges

David Halperin | Posted 01.23.2014 | Business
David Halperin

It seems that the powerful for-profit college industry, which has used its taxpayer-provided riches -- up to $33 billion a year -- to buy the most expensive lawyers and lobbyists, and the allegiance of many in Congress to keep the money flowing, is finally on the run.

Charged With Protecting Students, Congressman Kline Instead Serves For-Profit Colleges

David Halperin | Posted 01.23.2014 | Business
David Halperin

Representative John Kline, Republican of Minnesota, chairs the House Education and the Workforce Committee. He also is a living symbol of the Republican Party's shameful loyalty to big for-profit colleges.

Did For-Profit College EDMC Merge Canadian and U.S. Campuses to Evade The Law?

David Halperin | Posted 05.22.2013 | Business
David Halperin

The owners of America's big for-profit colleges have developed a big bag of tricks to keep tens of billions of federal dollars flowing their way, regardless of the bad consequences for students and taxpayers. Every time we think we've seen it all, a new brazen tactic emerges.

If a For-Profit College Becomes a Non-Profit, Is That Good? Not Necessarily

David Halperin | Posted 04.13.2013 | College
David Halperin

What the rest of us should worry about is the prospect of for-profit college executives, who have gotten rich by peddling a toxic mix of deceptive recruiting, low-quality programs, and sky-high prices, taking the helm of tax-exempt charities that are supposed to serve the public interest.

Sexy For-Profit College Ad Targets Ex-Lehman Bros Employees

David Halperin | Posted 02.17.2013 | Business
David Halperin

Many of America's big for-profit colleges spend more on advertising and high-pressure recruiting than they do on educating students -- a key reason why so many of their students drop out and end up with insurmountable debt.

Controversial For-Profit College Industry Using Your Tax Dollars to Support Romney Victory

David Halperin | Posted 01.01.2013 | Politics
David Halperin

As the truth catches up with the major for-profit colleges, it appears these companies are doubling down on a Mitt Romney victory as their last best hope to retain unquestioned access to a torrent of taxpayer money.

EDMC Professors and Students Speak: How Lobbyists and Goldman Sachs Ruined For-Profit Education

David Halperin | Posted 11.24.2012 | Business
David Halperin

For-profit higher education could help our people and our economy -- if the federal financial aid system were structured so that schools earned higher profits by actually helping students, not by ripping them off.

For-Profit Education: Value for Whom?

Jeremy Dehn | Posted 11.20.2012 | College
Jeremy Dehn

For-profit colleges' alleged support of increased accountability across all colleges and universities is yet another position that reeks of PR posturing by emphasizing some details at the expense of far more pertinent ones.

Tales Of A Phone Monkey: My Tour Of Duty At Sallie Mae

Dan Lybarger | Posted 01.30.2012 | Education
Dan Lybarger

A little over 20 years ago, if you had your lunch or dinner interrupted by a caller wanting you to fork over on your student loans, I may have been th...