Education Department turns up heat on for-profits with job-placement-rate scrutiny, three months before gainful-employment rules kick in. But lack of federal standards for placement rates causes confusion.
For-Profit Higher Ed
Education Department fines Corinthian Colleges $30 million for misleading students and orders its Heald College campuses to stop enrolling students and wind down operations.
For-profit colleges are feeling more scrutiny and pressure from states and attorneys general over their financial practices.
Student activists refuse to pay federal loans incurred at the embattled for-profit education company and call on the Department of Education for greater borrower relief.
To tap into private investment funds while retaining its public mission, a California nonprofit university becomes a "benefit corporation." Is the status legit -- and will other colleges follow?
The university's new president, Tim Slottow, responds to Matt Reed's questions about academic quality, saying the for-profit chain serves students well.
ECMC closes deal to buy 53 Corinthian campuses, earning praise from federal agencies and some consumer groups for deal to forgive $480 million in students' private loans.
Karen Gross considers the implications of a marketing buy that most colleges could never even dream about.
Western Governors University steers rejected applicants to StraighterLine, an online course provider that acts as a low-risk way for students to prepare to earn a degree.
Education Department defends sale of 56 Corinthian College campuses to ECMC, saying guarantee agency's purchase will help 40,000 students, many of whom are close to graduation.
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