Education Department unveils draft regulations for borrowers seeking federal debt forgiveness, which include an end to mandatory arbitration agreements and requirements for some for-profits to be on the hook to pay for debt relief.
The Policy Debate
Legislators, veterans groups and for-profit colleges wrangle over details of an amendment that would expand for-profit colleges' access to students on military bases.
National accreditor ACICS, which faces an existential threat for being too lax with bad actors like Corinthian Colleges, tried to yank its approval of Bristol U, a deeply troubled for-profit. But a judge blocked the accreditor's move.
Federal judge rules Consumer Financial Protection Bureau lacks the authority to investigate for-profit-college accreditors.
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.
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