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.

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

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.

Education Department staff proposes termination for ACICS, threatening access to federal aid for the 243 institutions -- many of them for-profit -- the national accreditor oversees. Updated with reactions.

Education Department unveils draft regulations for borrowers seeking federal debt forgiveness, which include an end to mandatory arbitration agreements and requirements for some for-profits to be on the hook to pay for debt relief.

St. Catharine College is closing, and the small private institution blames its demise on a version of the same Education Department sanction that toppled the for-profit Corinthian Colleges.

The Obama administration announces a new $100 million competitive grants program to stimulate the expansion of free community college programs and connect college graduates to in-demand jobs.

Obama administration continues to turn up pressure on accreditors, promising in new letter to measure the agencies against their peers and urging more focus on student achievement and troubled colleges.

The Obama administration prods state regulators to tighten their oversight of for-profits, with a focus on job placement rates. But confusion about calculating those rates reigns, and many state agencies are understaffed and outgunned.