Today on her television show, in honor of the upcoming Mother's Day, Ellen DeGeneres gave a $25,000 college scholarship to Courtney, an Oklahoma stay-at-home mom who wants to be an ultrasound technician. That's fantastic. Except that the scholarship is to attend the for-profit University of Phoenix.
Earlier this year, 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. Now the Department has denied an appeal by one of the schools.
The Federal Trade Commission announced yesterday its first ...
In recent months, leading Members of Congress, state attorneys general, and non-profit groups have called on the Department of Education to stop colleges that receive federal student aid from forcing students to resolve disputes with their schools in secret arbitration proceedings.
Why do for-profit colleges feel they need to put a contractual straitjacket on their students? It turns out that many of the companies requiring students to sign these contracts are the same ones found to be lying, cheating, and stealing their way to revenue and growth for their investors.
Kansas-based Wright Career College shut down suddenly last week and filed for bankruptcy, leaving in educational limbo about 1,000 students in five cities.
Gray's failed defenses of the troubled accreditor have made him an easy target for criticism, and based on ACICS's record, it appears he deserves such criticism. But if indeed Gray leaves ACICS, his departure is unlikely to end the inquiry into whether the U.S. Department of Education should keep recognizing ACICS as a guarantor of educational quality.
There's no excuse for this occurring in the richest nation in history. Not only does the debt cast a dark shadow over the lives of millions of young Americans, it impairs the functioning of the economy.
Last year ITT received $664 million in taxpayer money from federal student grants and loans nationwide, down from a peak of $1.1 billion a few years ago. ITT has some 130 campuses, with some 50,000 students, in 38 states. But ITT has a troubling record.
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.
The U.S. Department of Education last week sent warning letters to two businesses, demanding that the companies stop using the Department's official logos, or marks, without authorization.
The Department has approved loan discharges for more than 8,800 former Corinthian students nationwide, totaling more than $130 million.
For-profit colleges with troubling records have frequently brought onto their boards prominent people whose reputations can help validate their institutions with government overseers, accreditors, and the public.
We are deeply disappointed that the Department has proposed to adopt the weaker of the two options it introduced in the ongoing negotiated rulemaking to restrict arbitration agreements used by schools that receive Title IV funds.
Lawyer Jamie Gorelick, who served in the Bill Clinton Administration, this year successfully pressed the Pentagon on behalf of the nation's biggest for-profit college, the University of Phoenix, to lift a suspension for alleged recruiting abuses.
The Department of Veterans Affairs today suspended for-profit DeVry University from the VA's "Principles of Excellence" status under the GI Bill.