The Education Department said Friday it would restore Pell Grant eligibility for students whose education was interrupted by the closure of their institutions.
For-Profit Higher Ed
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.
Education Department's new sanctions against the for-profit college include a ban on enrolling new students who receive federal aid and tougher financial oversight.
Ashford University cries foul on veterans' agency and California for meddling in Iowa's decision to yank the for-profit's GI Bill eligibility, and newly released emails show an Iowa official shared that view.
U.S. Education Department denies a Utah-based for-profit college's application to change its tax status.
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