In a field marked by ripoffs of students and taxpayers, Corinthian, which operates under the school names Everest, Heald, and Wyotech, has one of the worst records of all.
Orman's decision to join the University of Phoenix faculty and thus give her seal of approval to the institution does a disservice to Americans across the country who count on her for unvarnished and useful financial advice.
The gainful employment rule is critical to protecting the federal investment in our students and providing opportunities for a wide range of Americans to build careers. And, fortunately, there is a clear path to fixing the rule so it will pass muster in the courts.
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.
Increasing higher education attainment for low-income students should close socio-economic disparities. But, a deeper examination of the nation's higher education system reveals that many low-income students with the greatest needs often receive an education that does not empower them economically, politically, and socially.
Daniels should tell the APSCU members that they should curb their arrogant lobbying campaign, improve their programs, and halt their misconduct.
Troops and vets, as well as other potential students, are getting the message that these schools may be hazardous to their futures; enrollment is down, and the industry is in a tailspin.
Instead of taking this opportunity to reform, the industry's big players appear to be digging in, and continuing to use their revenues -- about 86 percent of which come from taxpayers -- to engage in lobbying and propaganda aimed at convincing the public that everything is fine.
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.
Foxx, who has staunchly defended the for-profit college industry despite its blatant record of abusing students and ripping off taxpayers, apparently didn't mention in her remarks that she is one of Congress's biggest recipients of campaign cash from that industry.
Massachusetts Attorney General Martha Coakley says she's expanded her investigation of whether for-profit colleges have deceived students in her state about their prices, graduation rates and job placement records.
Reform Fatigue In L.A.? "Antonio Villaraigosa Led The Way On Education Reform, But His Potential Successors Are Reluctant To Pick Up The Torch," reads the headline of an L.A. Weekly blog post.. The two top mayoral contenders to replace Villaraigosa at the helm of the nation's second largest school district aren't campaigning Villaraigosa-style reforms. The West Coast city's dynamic seems to echo New York's -- mayoral candidates have eschewed, for the most part, Mayor Michael Bloomberg's big, controversial reform agenda.
A for-profit college suddenly shut down all its campuses last week, leaving Massachusetts and Maryland students out in the cold. Although we don't know all the facts yet, the school's abrupt demise appears to be a window into how lax standards in the for-profit college industry can harm students and taxpayers.
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.
Eight U.S. Senators today sent a letter to U.S. Secretary of Education Arne Duncan calling on him to investigate tactics used by some major for-profit colleges to circumvent rules aimed at reducing student loan defaults.
Far from being the friends and empowerers of people of color, women, veterans, and low-income people, many of the big for-profit colleges have been some of their worst predators.