Report: States Have The Power To Rein In For-Profit Colleges, They Just Don’t Use It

Report: States Have The Power To Rein In For-Profit Colleges, They Just Don’t Use It

The for-profit college industry has been widely criticized for spending a disproportionate amount of its money — much of it coming from federal student loans — on marketing while having a dropout and loan default rate that is much higher than non-profit schools. Is it possible to have for-profit schools that aren’t just student loan mills? [More]

Proposed Rules Take Second Stab At Holding For-Profit Colleges Accountable For Graduate’s Success

Proposed Rules Take Second Stab At Holding For-Profit Colleges Accountable For Graduate’s Success

The Department of Education is making a second attempt to rein in those for-profit colleges that benefit from financial aid to students without providing them the education needed to find gainful employment after graduation. But some consumer advocates say the proposed regulations don’t do enough to help students. [More]