Gainful Employment Rules Survive Another Hurdle, Judge Strikes Down For-Profit College Industry Lawsuit

Gainful Employment Rules Survive Another Hurdle, Judge Strikes Down For-Profit College Industry Lawsuit

Gainful employment rule: 2, for-profit education industry groups: 0. A federal judge struck down a second lawsuit to block new regulations aimed at reining in for-profit colleges set to take effect in just one week. [More]

Congress Takes Another Stab At Undercutting Gainful Employment Rules Two Weeks Before Implementation

Congress Takes Another Stab At Undercutting Gainful Employment Rules Two Weeks Before Implementation

The Department of Education’s long-awaited gainful employment rules – aimed at reining in the for-profit college industry – go into effect on July 1. But just because there are only 14 days before implementation, doesn’t mean those opposed to the regulations are giving up their fight. [More]

Judge Upholds Gainful Employment Rule, Throws Out For-Profit Industry Lawsuit

Judge Upholds Gainful Employment Rule, Throws Out For-Profit Industry Lawsuit

The Department of Education’s gainful employment rules, aimed at reigning in the for-profit college industry, came one step closer to its July implementation today as a judge threw out a for-profit industry lawsuit that attempted to further weaken the upcoming law. [More]

(Ken Fager)

Consumer Groups Ask Congress To Ensure That For-Profit Schools Are Held Accountable

When the new gainful employment rules take effect later this year, for-profit educators would need to demonstrate that their programs are actually training graduates to earn a living. But a pending piece of legislation seeks to give these schools a free pass to billions of dollars in federal student aid.

[More]

(MeneerDijk)

For-Profit College Group Sues, Doesn’t Want To Be Responsible For Graduates’ Success

Last week, the U.S. Dept. of Education finally passed a somewhat compromised rule aimed at reining in for-profit colleges by penalizing them if too many of their graduates failed to succeed. But even that flawed rule is too much for a group representing for-profit colleges, which labeled it “arbitrary and irrational” in a lawsuit seeking to block it. [More]

John Oliver On For-Profit Colleges: You Might As Well Go To Hogwarts

John Oliver On For-Profit Colleges: You Might As Well Go To Hogwarts

What would it look like if you condensed all our hundreds of stories about student loans and for-profit colleges into a profanity-filled, hilarious rant that takes a brief detour to discuss Lyndon Johnson’s scrotum? John Oliver answered that question on Sunday night. [More]

Aggressive Recruiting At Military Bases Pays Off: For-Profit Schools Received $1.7B Of Post-9/11 GI Bill Funds

Aggressive Recruiting At Military Bases Pays Off: For-Profit Schools Received $1.7B Of Post-9/11 GI Bill Funds

The Post 9/11 GI Bill aims to further the education of United States servicemembers and their immediate family members, but a new government report reveals that most of those funds are going to further increase the bottomline at for-profit colleges. [More]

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]