For-Profit Higher Ed

For-Profit Higher Ed
Aug 20, 2015
As proprietary colleges struggle, banks gain increasing influence over their fates and their dealings with the government.


June 16, 2015

Amid enrollment and revenue declines at home, American for-profit education companies have looked abroad, including to Brazil. But can -- and should -- Brazil's boom in proprietary education continue?

June 9, 2015

Obama administration announces debt relief for tens of thousands of former Corinthian students -- and possibly many more students at that college and others.

June 4, 2015

The nonprofit loan agency that bought dozens of Corinthian campuses has started to figure out what to do with them, and guarantor's CEO promises wholesale changes in behavior.

June 1, 2015

Education Department steps up scrutiny of ITT's finances in wake of SEC charges, while two states ban company's eligibility for GI benefits.

May 28, 2015

In victory for Obama administration, a federal judge dismisses New York for-profit college group’s challenge to “gainful employment” regulations.

May 27, 2015

Federal Trade Commission is latest agency to pursue for-profits, announcing that online Ashworth College has settled over allegations of misrepresenting transfer credits and state licensure prerequisites to students.

May 22, 2015

A for-profit college in New Jersey that made news five years ago for recruiting homeless people has become the latest to announce it will close its doors.

May 14, 2015

Student enrollment numbers are down at two-year colleges and four-year for-profit institutions, according to a new National Student Clearinghouse Research Center report. 

May 13, 2015

SEC charges ITT and top two executives with fraud, alleging they misled investors about huge losses in lending programs. Embattled company asks regulators not to run with fraud allegations until the court rules on them.

May 7, 2015

Two major for-profits announce campus closures and sell-offs as the industry continues a long slide caused by regulatory crackdowns, competition and bad publicity.


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