Federal policy

Few for-profits have become nonprofits, despite regulatory environment

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For-profits are under fire, and a few have made the jump to become nonprofits. But the process is tricky and offers a mixed bag on regulatory benefits.

Corinthian's failure could cost the federal government $1.2 billion

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Corinthian Colleges and the feds have a day to decide how to dismantle the huge for-profit, with the fate of students, employees and $1.2 billion in loans hanging in the balance.

Corinthian's failure (and U.S. role in it) fuels for-profit critics

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The Education Department improvised in helping to shut down Corinthian Colleges, raising questions about a similar approach with other large for-profits.

For-profit chain works with feds on phase-out plan

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Corinthian Colleges and the Education Department strike a deal to keep the for-profit chain afloat long enough to sell or "teach out" its 107 campuses.

Major for-profit chain faces bankruptcy as feds turn up heat

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Corinthian Colleges Inc. teeters on the brink as the Education Department delays payments, raising worries about what will happen to the for-profit's 72,000 students.

Fight over San Francisco's community college heats up again

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As the clock ticks down on City College of San Francisco, powerful politicians weigh in and threaten to shut down an accrediting commission.

Public comments flood U.S. Department of Education on 'gainful employment' proposal

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As public comment period ends for the administration's "gainful employment" proposal, for-profit colleges and supporters blast the rules as an overreach; critics of the industry say proposal doesn't go far enough.

Gainful employment will hit for-profits and their students hard, industry study finds

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Gainful employment will leave fewer options for underserved students, finds a study the for-profit industry commissioned. It also gives hints about a possible legal challenge.

Senate Democrats join push for stronger gainful employment rules

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Sen. Harkin joins consumer groups in call for stronger gainful employment rules, and the retiring senator points to other Democrats who will continue the fight.

New default rates trip up a community college

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Congress expanded federal student loan default metrics to scrutinize for-profits, but community colleges are worried, too, at least one with good reason.

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