For-profit colleges

For-profit chains announce a new wave of closures and sell-offs

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Two major for-profits announce campus closures and sell-offs as the industry continues a long slide caused by regulatory crackdowns, competition and bad publicity.

As Education Department defends Corinthian collapse, Democrats turn up pressure

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The implosion of Corinthian Colleges came to an end Monday as the for-profit chain closed its doors for good -- but the political fallout for the Education Department remains. 

Corinthian ends operations at remaining campuses, affecting 16,000 students

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The for-profit college says it's immediately ending operations at its remaining campuses, interrupting the studies of some 16,000 students and possibly sticking the government with a bill for discharged loans. 

Feds respond to criticism of bid by ECMC to buy most of Corinthian

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Education Department defends sale of 56 Corinthian College campuses to ECMC, saying guarantee agency's purchase will help 40,000 students, many of whom are close to graduation.

Guaranty agency buys most of crumbling for-profit Corinthian Colleges in U.S.

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Half of Corinthian Colleges goes nonprofit, as loan guarantor ECMC will buy 56 Everest and WyoTech campuses. Critics say the purchase doesn't do nearly enough for students or to prevent conflicts of interest.

Enrollment numbers grew during recession but graduation rates slipped

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More students enrolled in college when the recession began, new data from the National Student Clearinghouse show, but a smaller percentage graduated within six years.

Obama administration has helped weaken and change the for-profit industry

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The final gainful employment rules have plenty of critics, but it's undeniable that the Obama administration has made a difference with its five-year crackdown on for-profits.

Final gainful employment rules drop loan default rate

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The Education Department releases its long-awaited gainful employment rules, making one key change and drawing complaints from both for-profits and their critics.

Grand Canyon U., a major for-profit college, considers becoming nonprofit

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One of the nation's largest for-profit colleges is thinking about becoming a nonprofit. 

Former student veteran earns grant and lands in Senate report

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A reference to a veteran's student debt goes from a group's press release to a Democratic Senate report, showing both the power and peril of using anecdotes about students.

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