Nov 06 For-profit colleges aim to fight regulation with new lawsuit By Kimberly Hefling, Associated Press WASHINGTON — The for-profit college sector filed a lawsuit Thursday that seeks to halt new regulations of its industry. Continue reading
Oct 30 For-profit colleges face ‘gainful employment’ rule By Kimberly Hefling, Associated Press WASHINGTON -- For-profit colleges that don't produce graduates capable of paying off their student loans could soon face the wrath of the federal government. Schools with career-oriented programs that fail to comply with the new rule being announced Thursday by… Continue reading
Jul 30 New report shows nearly $2 billion in GI Bill funds go to for-profit colleges By Elizabeth Jones Veterans coming home from Iraq and Afghanistan are enrolling at for-profit colleges and some of those companies operating on campus “appear to be taking advantage of a loophole.” That loophole lets the companies count GI Bill benefits as non-federal (non-taxpayer)… Continue reading
Jul 04 For-profit college to sell off 85 campuses By Kimberly Hefling, Associated Press The troubled for-profit education company Corinthian Colleges Inc. and the Education Department reached an agreement late Thursday that has 85 of the company's 100-plus campuses going up for sale, and 12 others closing. Continue reading
Jun 23 72,000-student Corinthian Colleges reaches deal to sell or ‘teach-out’ programs By Kyla Calvert Mason For-profit Corinthian Colleges, Inc. reached a deal with the Department of Education to sell or discontinue its programs over the next six months. The deal comes after the Department of Education added a 21-day waiting period to federal student aid… Continue reading