In the wake of federal criticism of its accreditation standards, the American Bar Association sanctions another for-profit law school.
For-Profit Higher Ed
With a federal government that now appears sympathetic to for-profit colleges, city officials in Milwaukee seek to block institutions that violate Obama-era regulations.
Republicans swept to power after years of complaints about the Obama administration's crackdown on for-profit colleges. But only tentative steps to roll back regulations have followed, and two major rules could be headed for a drawn-out negotiation process.
The Dream Center Foundation, a religious missionary organization based in Los Angeles, plans to buy EDMC, a struggling for-profit chain that enrolls 65,000 students. The resulting nonprofit college group will be secular.
Given the high dropout rates and poor job-placement rates of for-profit colleges, people often blame them for what are, in fact, labor market failures in an economy that has shifted new risks to workers, writes Tressie McMillan Cottom.
For-profit-college advocates cite Obama administration data goof on loan repayment rates as justification for revisiting borrower-defense and gainful-employment rules.
For-profit Laureate Education becomes a publicly held company and the first such company to adopt benefit status, signaling its intent to focus on mission as well as money.
Even though for-profit colleges may be poised to benefit under the Trump administration, they should not take a business-as-usual approach to their operations, argues Joseph R. D’Angelo.
Graduates who earned certificates at public institutions have larger salaries, but there is wide variation between programs even at the same institutions.
Investors fret that the Education Department's lengthy scrutiny of the U of Phoenix's proposed sale means the deal might be nixed. Politics and optics might be reasons for the delay.
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