In a strongly-worded letter sent late Thursday to Purdue University president Mitch Daniels, Senators Dick Durbin (D-IL) and
Women over 40 have a lot to offer and they being cast aside for millennials, which often later bites their employers in the
Kaplan has been receiving as much as $1.5 billion annually in taxpayer-funded federal student aid. But students across the country have complained that Kaplan has engaged in deceptive or coercive recruiting.
James H. Shelton this week was named the first head of the education component of the Chan Zuckerberg Initiative, a new corporation, dedicated to charitable ventures, that is funded by Facebook CEO Mark Zuckerberg and his wife, Dr. Priscilla Chan.
In the for-profit college field, it appears that what works are preppy-sounding family or village names, evoking Harvard, Princeton, Stanford, Amherst -- in other words, evoking exclusivity, nurturing, tradition, success, power.
The struggle is far from over to make higher education a place where student and taxpayer interests are placed at the forefront, where honest and effective education enterprises reap the greatest rewards, and where greedy and duplicitous operators are shown the door.
Massachusetts attorney general Maura Healey today announced settlements of her investigations of two large for-profit college chains for unfair and deceptive student recruiting practices. Kaplan will pay $1.375 million to former students, and Lincoln Tech will pay out about $1 million.
Some of the largest for-profit college companies -- including, last month, DeVry and Kaplan -- have recently left the industry's main trade group. Funded to boost its industry's fortunes, APSCU may instead have contributed to dragging the industry down. Now APSCU itself may be a sinking ship.
I hope TheDream.US fund and other efforts to invest in the Dreamers do keep growing. But I also hope the leaders of TheDream.US quickly decide that it is being tarnished by including as a participant a college that represents a blatant, unacceptable conflict of interest.
The Herald's disclosures about the way for-profit colleges have ripped off students and taxpayers, while buying influence with powerful politicians, are too many to recount, but here are just a few bites to tempt you.
For 16 years, Edith Bartley has stood strong, the de facto spokeswoman for 11 U.S. families who suffered permanent loss in al-Qaeda's first terrorist attack on American civilians. Bartley came to the Manhattan federal courthouse Friday to see one of the men captured for carrying out al-Qaeda's lethal mission receive his sentence.
The operations may well be in violation of federal statutes prohibiting deceptive marketing and unwanted telephone sales calls, as well as DOE laws and regulations barring payment of sales commissions to college recruiters. At the very least, they are guilty of using sleazy tactics to sell poor-quality products.
Companies in your sector and your trade association are opposing a rule that would motivate career colleges to provide higher quality programs, at more affordable prices. Your opposition to the gainful employment rule is hurting students, taxpayers, and our economy.
Washington Post Opposes Regulating For-Profit Colleges Without Disclosing Publisher's Stake in the Industry
The Post failed to note that Weymouth sits on the board of Graham Holdings, the company that was formerly known as The Washington Post Company and that sold the newspaper to Jeff Bezos last year. Last October, Weymouth sold nearly $3 million worth of Graham Holdings shares; it's unclear what her current ownership stake is.
Graham Holdings Co., the corporation that owned the Washington Post newspaper before selling it to Jeff Bezos last year, retains a major stake in Corinthian Colleges, a for-profit education company that is under investigation by a range of federal and state law enforcement agencies.
America's for-profit colleges are receiving as much as $33 billion in a single year from your tax money, and billions more from the pockets of students, a lot of whom are left deep in debt and jobless from their encounters with predatory schools.
It's a busy time for APSCU, the trade association of America's for-profit colleges. The group spends its time trying to block reasonable measures to hold the worst actors in its industry responsible for their systematic abuses of students and taxpayers.
It seems that the powerful for-profit college industry, which has used its taxpayer-provided riches -- up to $33 billion a year -- to buy the most expensive lawyers and lobbyists, and the allegiance of many in Congress to keep the money flowing, is finally on the run.
As the federal government stepped in with proposed regulations to deter student loan defaults in 2010, Graham became one