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For Profit Education

Education With a Debt Sentence

Astra Taylor | Posted 11.22.2014 | College
Astra Taylor

The mantra is everywhere: a college education is the only way to climb out of poverty and create a better life. For-profit schools allow Wall Street investors and corporate executives to cash in on this faith.

Most Students At For-Profit Colleges Don't Know The Truth About Their School

The Huffington Post | Tyler Kingkade | Posted 02.10.2014 | College

Is your school a for-profit institution? If you're like most students at for-profit colleges, you don't know the answer. According to a study rele...

Globe University: Profiteering Off the Backs of Students and Taxpayers

Kyle McCarthy | Posted 01.23.2014 | College
Kyle McCarthy

The school faces a class action lawsuit from students who claim Globe fabricates job placement numbers, accreditation, and transfer opportunities to other institutions -- all while saddling unsuspecting students with student debt at the expense of American taxpayers.

From Junk Bonds to Junk Schools: Cyber Schools Fleece Taxpayers for Phantom Students and Failing Grades

Mary Bottari | Posted 01.23.2014 | Business
Mary Bottari

For K12 Inc. CEO Ron Packard, it's all about "educational liberty." "Kids have been shackled to their brick-and-mortar school down the block for too long," he puffs. Packard himself is "shackled" to the big bucks.

To Get Value From For-Profit Colleges, Create the Right Incentives

Robert Shireman | Posted 07.31.2013 | College
Robert Shireman

I have spent nearly my entire career working to expand access to quality higher education to more Americans. I would like nothing more than to tap the incredible power of the market to address the nation's education challenges. But without safeguards, it will go wrong, again, in a big way.

Shahien Nasiripour

Record Student Loan Rates Feed Government Profit As Debt Damps Economy | Shahien Nasiripour | Posted 04.17.2013 | Business

BOSTON -- Millions of student borrowers are paying record relative interest rates on their government loans, lining Department of Education coffers an...

Republican Leader Touts For-Profit Colleges In 'Rebranding' Speech

The Huffington Post | Tyler Kingkade | Posted 02.07.2013 | Politics

House Majority Leader Eric Cantor (R-Va.) rehashed the education portion of the GOP platform Tuesday, promoting for-profit colleges in a speech label...

The 'Crazy' Plan To Make Money From Public Education

The Hechinger Report | Sarah Carr and Annie Gilbertson | Posted 02.01.2013 | Business

JACKSON, Miss. — When state officials here tried last year to recruit a for-profit company to manage schools in rural Tate County, the community out...

Without Romney to Shield Them, For-Profit Colleges Must Face Reality

David Halperin | Posted 01.14.2013 | Business
David Halperin

Surely there is room for private sector innovation in facing the challenge of preparing Americans for careers. But we need to end the destructive, wasteful race to the bottom in for-profit education.

Tyler Kingkade

WATCH: Mitt Romney 'Sketchy' On For-Profit Colleges | Tyler Kingkade | Posted 11.02.2012 | College

A new video from group of young activists warns of Mitt Romney's connections to for-profit colleges, hoping to raise awareness of how the Republican p...

University Of Phoenix Closing 115 Locations

AP | ALEX VEIGA | Posted 10.16.2012 | College

-- Apollo Group Inc. said Tuesday that its fiscal fourth-quarter net income tumbled 60 percent, hurt by higher costs and declining enrollment at the ...

For-Profit Education Firm Accused Of Shady Pay Practices

Reuters | Posted 12.15.2012 | Business

Oct 15 (Reuters) - University operator Bridgepoint Education Inc said the U.S. Department of Justice was investigating the compensat...

Education Profiteering; Wall Street's Next Big Thing?

Jeff Faux | Posted 11.28.2012 | Business
Jeff Faux

The end of the Chicago teachers' strike was but a temporary regional truce in the civil war that plagues the nation's public schools. There is no end in sight, in part because -- as often happens in wartime -- the conflict is increasingly being driven by profiteers.

Defending the New G.I. Bill

Tom Tarantino | Posted 10.29.2012 | Politics
Tom Tarantino

2012-08-28-scblog2.pngIAVA is calling on Congress to protect career-ready education programs for veterans, which means defending the New G.I. Bill from predatory for-profits.

For-Profit College Lures 14-Year-Old, Dumps Him, Sticks Him With the Bill

David Halperin | Posted 10.01.2012 | Education
David Halperin

But the more citizens become aware of bad practices in this industry, and the more they make clear that they are tired of members of Congress defending these bad actors, the more likely it is that the corruption will end.

Nobel-Winning Economist: For-Profit Colleges 'Exploit Those At The Bottom'

The Huffington Post | Alexander Eichler | Posted 07.06.2012 | Business

Joseph Stiglitz is not a fan of for-profit colleges. Stiglitz, a Nobel laureate and chief economist of the World Bank, recently took to the pages o...

VIDEO: Superlobbyist Trent Lott Fumbles To Explain Why He's Shilling for Scam Schools

Zaid Jilani | Posted 05.16.2012 | College
Zaid Jilani

I asked Lott if he was willing to disclose what he was being paid by the for-profit college industry. He grew flustered. "It's a matter of public record," he huffed. "Just check the record." I did.

Insider's View of For-Profit Colleges, Race, Class and Education Justice

Tressie McMillan Cottom | Posted 03.14.2012 | Business
Tressie McMillan Cottom

Kaplan's assertion that students' fears and pain should be used to motivate them insinuates what many of us suspect to be true of the people who end up at for-profit colleges: they are lazy and stupid. But the students I worked with were not lazy, unmotivated, or stupid.

For-Profit Teacher Certification Booming

| Nick Pandolfo and Morgan Smith | Posted 08.13.2012 | Education

This piece comes to us courtesy of The Hechinger Report. DENTON, Texas — One afternoon in mid-November, Jeff Arrington scattered 80 paper gingerb...

For-Profit Colleges On The Defensive

AP | ALAN SCHER ZAGIER | Posted 10.06.2011 | Education

ST. LOUIS -- They gather in a generic suburban office park, working-class students chasing a fast track to success: a college degree. But the message...

Privatization Of Public Education Turns Students Into Corporate Assets

Kevin Welner | Posted 08.09.2011 | Education
Kevin Welner

So now our children effectively become corporate assets. How long before they are commodities to be bought and sold on the open market as if they were pork bellies or wheat futures?

Jesse Jackson Has Aligned Himself With The For-Profits

C. Cryn Johannsen | Posted 05.25.2011 | Politics
C. Cryn Johannsen

Jesse Jackson is aligning himself with the for-profits, and the Congressional Black Caucus is being lured in by the for-profits, too. (Luckily, the NA...

Must Everybody Have a College Degree to Get a Decent Job?

Joel Shatzky | Posted 05.25.2011 | College
Joel Shatzky

The explosion in student college attendance, increasing by almost 50% from 13 to 19 million in the last twenty years is due in part to the "for-profit" institutions that have been springing up around the country.

Are For-Profit Colleges Evil?

Matthew Greenfield | Posted 05.25.2011 | Business
Matthew Greenfield

When I learned from my CUNY students what it takes to manage a large construction project or to modify a car engine, I developed a higher degree of humility about my own particular skill set.

For-Profit Education: Will We Ever Learn?

Melanie Sloan | Posted 05.25.2011 | Politics
Melanie Sloan

People looking to increase their marketability in a tough economic climate are being deceived about what an education at these schools will cost, what doors these degrees might open, and the salaries students can expect upon graduation.