For-profit colleges

Student advocacy groups protest ITT Tech as shareholders hold annual meeting

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Student advocates use the backdrop of ITT Tech's annual shareholders meeting to protest for-profit colleges' approach to loan debt.

Number of for-profit colleges declines as enrollments wither

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Almost 100 fewer for-profit colleges operated in 2014-15 than in 2012-13, according to federal data.

For-profit association's challenges and changes mirror that of sector

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Big changes for APSCU, the for-profit trade group, which has lost most of its large-chain members and plans to focus again on career education.

Corinthian bankruptcy suit includes call for repayment freeze and asset sales

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Corinthian case moves through bankruptcy court, as feds try to spread word about debt relief to thousands of former students and Corinthian tries to sell assets ranging from campuses to typewriters.

ITT faces new scrutiny from Education Department and states in wake of SEC charges

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Education Department steps up scrutiny of ITT's finances in wake of SEC charges, while two states ban company's eligibility for GI benefits.

For-profit Kaplan University expands its competency-based offerings with new transcript

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Kaplan University creates new "competency reports" for all 45,000 students, a move that adds momentum, and risks, for competency-based education's spread. 

Federal appeals court requires Heritage College to defend itself against fraud claims in lawsuit

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A federal appeals court orders for-profit Heritage College to answer charges it violated federal law by altering records for federal aid -- overturning lower court dismissal.

Colleges and the Education Department scramble to help former Corinthian students amid largest college shutdown

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Education Department and community colleges try to help Corinthian students transfer, but Senate Democrats and consumer groups complain about for-profits as a transfer option.

Feds take down a for-profit over job-placement rates as gainful-employment rules loom

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Education Department turns up heat on for-profits with job-placement-rate scrutiny, three months before gainful-employment rules kick in. But lack of federal standards for placement rates causes confusion.

Nonprofit university becomes a 'benefit corporation,' further blurring for-profit divide

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To tap into private investment funds while retaining its public mission, a California nonprofit university becomes a "benefit corporation." Is the status legit -- and will other colleges follow?

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