forprofit

Two colleges flounder under opaque for-profit owners

Ambow Education purchased Bay State College in 2017 and the NewSchool of Architecture & Design in 2020. Now critics say both institutions are in shambles.

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An illustration of Benjamin Franklin's portrait from the $100 bill, with a downward-sloping line superimposed over it.

New regulatory changes proposed by Education Department

The Education Department proposed a new regulatory change for 90-10 and an accountability metric for for-profit colleges, along with guidelines for colleges pursuing changes in ownership and Pell Grants for incarcerated students.

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Education Secretary Miguel Cardona, a middle-aged Hispanic man with glasses and a goatee.

Education Department proposes rule changes on student loans

Education Department proposes changes to loan programs to make it easier for public service employees and those who attended fraudulent colleges to get their student loans forgiven.

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Education under secretary James Kvaal, a white man in a business suit with gray hair.

All former Corinthian students to have loans forgiven

Education Department will make the largest group discharge of federal student loans in U.S. history.

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Vice President Kamala Harris, a Black woman wearing a suit and pearls.

U.S. officials review Ohio college's online program partnership

U.S. Department of Education has started a program review to study financial aid practices at Ohio’s Eastern Gateway Community College.

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Negotiated rule making returns, but many see it as just first step

Many other fights that focus on for-profit higher education will be center stage in a round of negotiated rule making sponsored by the Department of Education this week. Will the negotiators find consensus on any issues?

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Three students allege false advertising from Lambda School

Lambda School advertised a job placement rate of 80 percent or higher for its coding boot camps. Three students say the for-profit company knew that was false. They are demanding arbitration.

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Education Department cancels $1 billion in debt for defrauded students

Students who were misled by their institution and only received partial government relief are due more help, to the tune of $1 billion, the Education Department announced.

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Coursera IPO filing reveals a company successfully monetizing MOOCs

Education-technology company Coursera launched a bid to become a publicly traded company last week, giving industry experts a glimpse at its financial inner workings. The company is losing money, but it might be finding a way to monetize MOOCs.

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The Betsy DeVos legacy: not much in higher education

After a tumultuous four years, Betsy DeVos leaves her tenure as education secretary knowing much of what she did will be undone by the Biden administration.

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