For-profit colleges

Q&A with author of book on rise of for-profits in a new economy

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A new book argues that the focus on credentials and growing inequality led to the rise in for-profit colleges. 

For-profits say Obama administration data error undermines borrower defense and gainful employment

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For-profit-college advocates cite Obama administration data goof on loan repayment rates as justification for revisiting borrower-defense and gainful-employment rules.

Laureate becomes largest college to become a benefit corporation

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For-profit Laureate Education becomes a publicly held company and the first such company to adopt benefit status, signaling its intent to focus on mission as well as money.

Activists and borrowers call on Obama administration to provide debt relief to defrauded students

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Education Department officials say they will work through Jan. 20 to review claims of defrauded students, but borrowers and advocates call for more urgency.

Udacity and boot camps offer money-back guarantees for job placement

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Udacity and some boot camps offer money-back guarantees despite state bans on job-placement promises in higher education. But some say the offers are a form of risk sharing worth considering.

Education Department releases gainful employment data for vocational programs

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Graduates who earned certificates at public institutions have larger salaries, but there is wide variation between programs even at the same institutions.

Wide praise for restoration of Pell Grant eligibility for students at closed colleges

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The Education Department said Friday it would restore Pell Grant eligibility for students whose education was interrupted by the closure of their institutions.

Group releases draft quality standards for competency-based education

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Group of colleges releases voluntarily standards for competency-based education, which Education Department official says could help prevent the rise of bad actors.

DeVry settles job placement claims with U.S. Education Department

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Settlement between for-profit university and Education Department resolves charges over unsubstantiated advertising about job placement, but Federal Trade Commission lawsuit over same claims remains.

Hundreds of colleges, many for-profits, seek a new accreditor

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National accreditor ACCSC gets inquiries from nearly 300 colleges overseen by ACICS, most of them for-profits. Critics of accreditors will be watching as the agency reviews the flood of applications.

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