For-profit colleges

For-profits lag behind other colleges in student outcomes

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New research attempts to better compare the performance of for-profit colleges with nonprofits by controlling for differences in student populations, with largely negative results for the industry.

Judge approves Corinthian liquidation plan, leaving $4 million for student loan discharge efforts

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Corinthian's court-approved liquidation plan will provide $4.3 million for former students, which they will use to press U.S. to grant more sweeping discharges for students of the defunct for-profit chain.

Under close U.S. scrutiny, Corinthian apparently mishandled federal funds, Justice Department says

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While under the watchful gaze of the Education Department, Corinthian Colleges apparently mishandled federal funds this year, the Justice Department says in a recent filing.

CFPB investigates for-profit Ashford University's lending program

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The Consumer Financial Protection Bureau is launching an investigation into Bridgepoint Education and Ashford University's student lending practices.

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. 

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