For-profit colleges

Education Department misses deadline for its overhaul of student loan rules

Education Department says it won't meet November deadline to overhaul borrower-defense and gainful-employment rules, raising the stakes for legal challenges to the Obama-era regulations.

Purdue Global axes faculty confidentiality agreement

Purdue Global faculty members will no longer be required to sign a contentious employee agreement that allowed the university to be arbiter of who owns rights to instructional materials.

AAUP: Purdue Global gets to decide who owns faculty work

AAUP releases a nondisclosure agreement professors must sign that appears to bar them from sharing much of anything or criticizing the program after they leave.

DeVos proposes tougher standard for borrowers who seek student loan relief

The Education Department's proposed rule would make students show that a college knowingly misled them while also restricting consideration of loan relief to borrowers in default.

Grand Canyon U succeeds in second bid to go nonprofit

Grand Canyon, a large, thriving Christian for-profit, will divide in two, with new nonprofit university giving for-profit company 60 percent of tuition in exchange for a broad range of support services.

Big racial and sectoral gaps in student loan default rates mostly persist even after controlling for wealth and income

Crisis-level student loan default rates among black borrowers and those who attended for-profits cannot be explained fully by students' backgrounds, study finds, including measures of income, employment and parental wealth.

Education Department delays disclosures under gainful employment while working to replace rule

Education Department announces a second yearlong delay of some gainful-employment disclosures as DeVos works on a do-over of the vocational education rule.

Nonprofits poised to unseat U of Phoenix as the largest online university

The University of Phoenix’s online enrollment plummets while Western Governors and Southern New Hampshire near 100,000 students as they vie to rule the roost.

Even with second chance at federal recognition, for-profit accreditor has unclear outlook

ACICS, a flashpoint for debate over accountability of the for-profit sector, has another chance at federal recognition. But some higher ed observers see tough odds for its long-term survival.

Ashford University is the latest big for-profit seeking to become a nonprofit

Ashford University is the latest big for-profit bidding to become nonprofit. The university's owner, Bridgepoint Education, will seek to become an online program management company.

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