For-Profit Higher Ed

For-Profit Higher Ed
Nov 17, 2015
Obama administration and state attorneys general settle cases against EDMC. Could these be a blueprint for others?


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.

May 5, 2015

As Corinthian files for bankruptcy, Education Department officials race to head off the political firestorm over debt forgiveness sparked by unprecedented collapse of the for-profit college. 

May 5, 2015

Kaplan University creates new "competency reports" for all 45,000 students, a move that adds momentum, and risks, for competency-based education's spread. 

April 30, 2015

A federal appeals court orders for-profit Heritage College to answer charges it violated federal law by altering records for federal aid -- overturning lower court dismissal.

April 29, 2015

Education Department and community colleges try to help Corinthian students transfer, but Senate Democrats and consumer groups complain about for-profits as a transfer option.

April 28, 2015

The implosion of Corinthian Colleges came to an end Monday as the for-profit chain closed its doors for good -- but the political fallout for the Education Department remains. 


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