Consumer Financial Protection Bureau plays outsize role as regulator of for-profits and loan servicers

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As second longtime target collapses and enforcement actions pile up, Consumer Financial Protection Bureau becomes key regulator of student loan industry and for-profit higher ed.

ITT Tech Shuts Down All Campuses

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Following a series of federal sanctions, ITT Tech on Tuesday shut down its 130 campuses, forcing a scramble for many of the for-profit's 43,000 students.

Nassirian and LeBlanc debate new federal experiment on noncollege job training

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Two experts -- Barmak Nassirian and Paul LeBlanc -- discuss federal experiment to open up student aid to eight noncollege job training programs.

Clinton campaign taps 2 prominent for-profit critics

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Two Obama administration veterans are now advising Hillary Clinton's campaign, suggesting that as president she would continue aggressive enforcement policies of the current Education Department.

Options for ITT Tech students if the for-profit chain collapses

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With ITT Tech headed toward possible collapse, its students begin weighing whether to transfer or to seek to have their federal loans forgiven.

Department of Education denies for-profit college's application for nonprofit status

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U.S. Education Department denies a Utah-based for-profit college's application to change its tax status.

Zenith Education gets a new leader, $250 million as it seeks to turn around former Corinthian programs

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Zenith Education gets a new CEO and $250 million from its guaranty agency owner, to continue effort to reinvent career education and recover from shedding 29 campuses and 23,000 students since buying the remains of failed for-profit.

Proposed federal rules for student debt forgiveness worry some nonprofit colleges

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Education Department's proposed rule for student debt forgiveness could threaten traditional colleges as well as for-profits, particularly over its broad view of what counts as misrepresentation.

Federal panel votes to terminate ACICS and tightens screws on other accreditors

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Federal panel recommends termination for ACICS, an accreditor of several notorious for-profits, while also tightening the screws on the American Bar Association and other agencies.

Education Department to release data reports on accreditors based on measures of student achievement

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The Education Department has created new data reports on the performance of accrediting agencies, using measures such as graduation and loan repayment rates at colleges the agencies oversee.


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