Submitted by Jake New on November 4, 2016 - 3:00am
Identifying a football culture that protected athletes and officials, the Education Department will fine Penn State U nearly $2.4 million for failing to notify students about assistant coach charged with sex abuse and for failing to disclose other campus crimes.
Guarantee agencies have fallen away from their public missions, says the Century Foundation, which called on the feds to push for the agencies’ $5 billion in assets to be spent helping struggling student borrowers.
Nonprofit Zenith Education Group is consolidating or closing 10 more campuses of the former Corinthian Colleges. The chain lost $100 million last year and is making changes to its business model, curriculum and leadership.