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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.
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.
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.
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.
The Education Department releases its long-awaited gainful employment rules, making one key change and drawing complaints from both for-profits and their critics.
One of the nation's largest for-profit colleges is thinking about becoming a nonprofit.
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.
For-profit company declares bankruptcy and starts closing campuses, leaving states scrambling and students scattered.
The messy failure of Corinthian Colleges raises questions about limitations of the Education Department's oversight of for-profit chains, and how it might tighten as other companies teeter.
Employers view for-profits and community colleges equally on job applications, a novel study finds, but what that means is in the eye of the beholder.
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