Bridgepoint Education Inc. announced Thursday that its Ashford University has been placed "on notice" by the for-profit college's regional accreditor, the Higher Learning Commission of the North Central Association of Colleges and Schools. The sanction, which is less serious than probation, is based on the commission's concerns about Ashford's inability to meet new standards for accreditation, which the commission put into effect in January, as well as Ashford's current noncompliance with the accreditor's "substantial presence policy" (which requires institutions to have a meaningful physical presence in the agency's geographic region), according to a Bridgepoint corporate filing. Ashford last year had its bid rejected for accreditation with the Western Association of Schools and Colleges. And the commission's sanction follows a site team's recommendation last week that the University of Phoenix be put on probation.
Submitted by Paul Fain on February 27, 2013 - 3:00am
A task force convened by the Association of Private Sector Colleges and Universities, which is the primary trade group of the for-profit sector, today issued a report on how colleges can better serve students who are veterans or active-duty members of the U.S. military. The recommended "best practices" touch on career services, pedagogy and student recruitment. Steve Gunderson, the association's president, said the report should be useful to all of higher education. The association plans to release three other reports on quality standards in coming months, he said.
Regent's College, a nonprofit British institution, has purchased for-profit American Intercontinental University London from the latter's owner, Career Education Corporation, Times Higher Education reported. The purchase is the first of its kind in Britain. Regent's will run American Intercontinental as a for-profit subsidiary initially but plans to subsume it within Regent's within a year.
A federal judge this week dismissed a lawsuit charging that Kaplan Higher Education discriminated against black job applicants by rejecting some people seeking employment because of their credit histories, The New York Times reported. The suit, brought by the U.S. Equal Employment Opportunity Commission, said that relying on credit histories has a disproportionate impact on black applicants. The suit was dismissed after the judge agreed to block testimony from an expert witness for the EEOC, finding that the way that witness identified which job applicants were black was not reliable.
Submitted by Paul Fain on January 25, 2013 - 3:00am
ITT Technical Institute is the latest for-profit higher education provider to go big with scholarships. The institute's holding company announced in an earnings call on Thursday that it hopes to expand a pilot program to all of its campuses by the end of the year. Company officials said early returns showed that discounting tuition has had a positive impact on student enrollment. The scholarship reduces net tuition to $28,000 from $44,000, according to a written statement from Trace Urdan, an analyst with Wells Fargo Securities.
The retirement package for John Sperling, the recently retired founder of the Apollo Group (parent company of the University of Phoenix) "likely won’t do the company any favors on the PR front," The Wall Street Journal reported. Sperling will receive $5 million in a "special retirement bonus," an annuity of $70,833.33 a month, ownership of two Apollo vehicles he used while he was chairman and "reasonable out-of-pocket” medical- and dental-care coverage.
Stevens-Henager College, which has multiple campuses in Idaho and Utah, has become the latest for-profit postsecondary institution to change its tax status: The Idaho Statesman reports that the institution became a nonprofit as of Jan. 1. The college's chief executive, Eric Juhlin, told the newspaper the change would allow the college to accept tax-deductible donations for its scholarship programs scholarship programs and accept donated equipment, among other things. Keiser University changed its tax status in 2011.