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.
For-Profit Higher Ed
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.
The Education Department said Friday it would restore Pell Grant eligibility for students whose education was interrupted by the closure of their institutions.
Campaign contributions from for-profit colleges continue to tilt heavily to Republicans. But the struggling sector's political giving is down since peaking in 2012.
Settlement between for-profit university and Education Department resolves charges over unsubstantiated advertising about job placement, but Federal Trade Commission lawsuit over same claims remains.
By tackling the controversial 90-10 rule -- and lowering it for its institutions -- DeVry Education Group is looking to assert its place as a leader in the for-profit sector.
As the Obama administration pushes tougher regulation, the sector is receiving little public backing from traditional allies.
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.
With ITT Tech headed toward possible collapse, its students begin weighing whether to transfer or to seek to have their federal loans forgiven.
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