In a strongly-worded letter sent late Thursday to Purdue University president Mitch Daniels, Senators Dick Durbin (D-IL) and
Kaplan: Ballerina Wunderlich: And I had just started my first business. Neither of us had someone to fall back on. We
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.