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.


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. 

April 17, 2015

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.

April 15, 2015

Education Department fines Corinthian Colleges $30 million for misleading students and orders its Heald College campuses to stop enrolling students and wind down operations.

April 7, 2015

For-profit colleges are feeling more scrutiny and pressure from states and attorneys general over their financial practices.

February 24, 2015

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. 

February 23, 2015

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?


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