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Big for-profit American Public now offers competency-based undergraduate degrees that don’t rely on the credit-hour standard, but federal aid isn’t part of the mix, for now.
Investors fret that the Education Department's lengthy scrutiny of the U of Phoenix's proposed sale means the deal might be nixed. Politics and optics might be reasons for the delay.
Campaign contributions from for-profit colleges continue to tilt heavily to Republicans. But the struggling sector's political giving is down since peaking in 2012.
Following a series of federal sanctions, ITT Tech on Tuesday shut down its 130 campuses, forcing a scramble for many of the for-profit's 43,000 students.
With ITT Tech headed toward possible collapse, its students begin weighing whether to transfer or to seek to have their federal loans forgiven.
U.S. Education Department denies a Utah-based for-profit college's application to change its tax status.
Zenith Education gets a new CEO and $250 million from its guaranty agency owner, to continue effort to reinvent career education and recover from shedding 29 campuses and 23,000 students since buying the remains of failed for-profit.
Education Department's proposed rule for student debt forgiveness could threaten traditional colleges as well as for-profits, particularly over its broad view of what counts as misrepresentation.
Federal panel recommends termination for ACICS, an accreditor of several notorious for-profits, while also tightening the screws on the American Bar Association and other agencies.
The Education Department has created new data reports on the performance of accrediting agencies, using measures such as graduation and loan repayment rates at colleges the agencies oversee.
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