The Consumer Financial Protection Bureau enters the for-profit fray with an investigation of Corinthian Colleges, that references the company's loans to students. Will investigation expand?
The Policy Debate
Democratic senators take aim at career colleges' marketing budgets, but bill would affect nonprofit colleges, too. While the legislation faces long odds, it could shape the ongoing debate over for-profits.
Multi-state investigation of for-profits includes review of institutional loans and recruiting of veterans. But finding common targets is a problem, and investigators have yet to take on a major for-profit.
Largely unregulated for-profit vocational colleges, which can't receive federal student aid, collect 40 percent of military spouse tuition benefits.
Steve Gunderson has plenty of friends, including the Senate's leading critic of for-profit colleges. But the new head of the sector's trade group isn't afraid to pick a fight -- even with one of his members.
Tough new regulations are unlikely this year in Washington, but in California a new state law, hearings and multiple investigations are kicking off.
For-profit colleges that participate in federal financial aid programs charge more than those that don't, according to new study, which also finds the for-profit sector much larger than most think.
The Education Department's take on the definition of "clock hour" programs is too broad and could unfairly cut into federal aid, say a Texas state agency and for-profits.
The Department of Education admits failing to include black students in its calculation of loan repayment rates in run-up to gainful employment. The mistake will fuel for-profit claims of unfair treatment by feds.
For-profit-college group will name Steve Gunderson as its new president. The former Republican congressman has a reputation as a bridge-builder and strong ties to traditional higher education.
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