Federal judge rules Consumer Financial Protection Bureau lacks the authority to investigate for-profit-college accreditors.
The Policy Debate
Hillary Clinton pledges to outdo the Obama administration in cracking down on for-profits. But will her ties to the industry, including the $16.5 million Bill Clinton earned working for Laureate Education, influence her approach?
Grand Canyon U's leaders criticize decision by its accreditor to block the company's attempt to go nonprofit, raising questions about the broad use of outsourcing in higher education.
The Obama administration prods state regulators to tighten their oversight of for-profits, with a focus on job placement rates. But confusion about calculating those rates reigns, and many state agencies are understaffed and outgunned.
Federal Trade Commission alleges the for-profit university misled students about their employment and income prospects, and Education Department seeks to stop DeVry from making deceptive advertisements.
While under the watchful gaze of the Education Department, Corinthian Colleges apparently mishandled federal funds this year, the Justice Department says in a recent filing.
Student advocates use the backdrop of ITT Tech's annual shareholders meeting to protest for-profit colleges' approach to loan debt.
Big changes for APSCU, the for-profit trade group, which has lost most of its large-chain members and plans to focus again on career education.
Feeling the push to survive heightened regulations, intense scrutiny and negative perceptions, the for-profit industry looks to transition to a new era.
Corinthian case moves through bankruptcy court, as feds try to spread word about debt relief to thousands of former students and Corinthian tries to sell assets ranging from campuses to typewriters.
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