ken fager

There’s A High School Opening Inside Oracle Headquarters In Silicon Valley

Schools come in all shapes and sizes: private schools, small rural schools, charter schools, and online schools. That list will grow by one soon, as the first public charter school prepares to open inside a corporate campus of tech giant Oracle.  [More]

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Wells Fargo Must Pay $4M Over Allegedly Illegal Student Loan Servicing

For the last 10 months, it’s been one of the banking industry’s worst-kept secrets that Wells Fargo’s student loan servicing business was being investigated by federal regulators. Today, the Consumer Financial Protection Bureau confirmed these rumors and ordered Wells to pay more than $4 million in refunds and penalties over allegedly illegal loan servicing practices that increased costs and unfairly penalized certain borrowers. [More]

MeneerDijk

New Rules Aim To Regulate Online College Programs

Colleges offering distance education, such as online courses, must receive authorization from each state where it has students in order to receive federal financial aid, according to recently released rules that aim to better regulate the online education industry and ensure students understand what protections they have when attending a college in another state.  [More]

For-Profit Educator Bridegepoint Education Under Investigation Over Federal Funding

For-Profit Educator Bridegepoint Education Under Investigation Over Federal Funding

Bridgepoint Education, the operator of for-profit colleges Ashford University and the University of the Rockies, added its name to the long list of higher education companies to find themselves on the receiving end of a federal investigation, as the Department of Justice has opened a probe into the organization’s federal student aid funding.  [More]

Are You A Brown Mackie College Student Or Staffer? We Want To Hear From You

Are You A Brown Mackie College Student Or Staffer? We Want To Hear From You

This morning, for-profit educator Brown Mackie College announced it was gradually closing all but a few of its more than 25 campuses in 15 states. While we’ve seen what the school is telling students and employees about the situation, we want to hear directly from those who are most affected by this news. [More]

Is ITT Tech Headed For A Collapse? School Required To Set Aside Funds Just In Case

Is ITT Tech Headed For A Collapse? School Required To Set Aside Funds Just In Case

Trouble continues to mount for ITT Educational Services. The for-profit college operator behind the ITT Technical Institute chain, which is already under investigation by federal and state agencies for a slew of abusive and misleading practices, must now have enough money on hand just in case it’s forced to close its doors.  [More]

fblumongoose

Report: Accreditor Allowed $5.7B In Federal Funds To Go To Schools Under Investigation

Less than a week after California’s Attorney General urged the Department of Education to revoke federal recognition of Accrediting Council for Independent Colleges and Schools (ACICS) following its continued approval of for-profit education chain Corinthian Colleges Inc. up until the day the now defunct schools closed their doors, a new report reveals ACICS’s “pattern” of providing approval to schools with bad track records, resulting in the funneling of more than $6 billion in federal funds to those schools.  [More]

MeneerDijk

$100M Grant Competition Aims To Expand Tuition-Free Community College Programs

In January 2015, President Obama announced a proposal that would make the first two years of community college free for some consumers hoping to further their education. Today, the White House revealed another step in making that goal a reality through a $100 million competitive grant program focused on expanding workforce training programs at community colleges.  [More]

Group Accuses ‘Your Baby Can Read’ Creators Of Violating False Advertising Settlement With ‘Your Baby Can Learn’

Group Accuses ‘Your Baby Can Read’ Creators Of Violating False Advertising Settlement With ‘Your Baby Can Learn’

Nearly two years ago, the creators of the popular Your Baby Can Read! series of videos put an end to a Federal Trade Commission deceptive advertising complaint by agreeing to cease making unsubstantiated claims about any product that purports to teach kids how to read. But the advocacy group that first spurred the FTC into action says that the creators of this program are violating that 2014 deal. [More]

(tomQ)

Law Firm In Charge Of Corinthian Colleges Turnaround Fired By Dept. Of Education

When Education Credit Management Corporation completed the purchase of 56 Everest University and WyoTech campuses from now-defunct for-profit education chain Corinthian Colleges, it agreed to hire an independent monitor to oversee the turnaround of the schools. Things apparently aren’t going so well, as the Department of Education announced it has fired the law firm hired for the task.  [More]

(D. Michelson)

Appeals Court Shuts Down For-Profit College Industry’s Effort To Avoid Accountability

The for-profit college industry lost an important legal battle today, when a federal appeals court upheld last year’s lower court ruling in favor of new regulations intended to hold these controversial schools accountable. [More]

AGs Seek Better Protections For Servicemembers Deceived By For-Profit Colleges

AGs Seek Better Protections For Servicemembers Deceived By For-Profit Colleges

Federal regulators must do more to protect servicemembers from unscrupulous colleges seeking to get their hands on their education benefits. That’s the message eight states want to get across to the secretary of Veteran Affairs following reports that some for-profit colleges target military personnel using predatory practices.  [More]

Photo: ADAM WATSTEIN/ CONSUMERIST

Fairly Used: Why Schools Need To Teach Kids The Whole Truth About Copyright

Today’s teenagers live in a time where technology gives them the tools to create, share, and publish just about anything they can conceive, and enables and encourages them to use and remix existing content from TV, movies, music, and games. At the same time, they are repeatedly reminded that their creations can be shut down, removed, or monetized by others who simply claim to have a copyright. So they know how to snag a clip from The Walking Dead, set it to “Yakety Sax” and post it on YouTube, but what they may not know — because most schools are failing to teach them — is under what circumstances the law actually protects the fair use of copyrighted material, and when it doesn’t. [More]

For-Profit Grand Canyon University Set To Go Nonprofit

For-Profit Grand Canyon University Set To Go Nonprofit

More than a decade after Grand Canyon University became the first Christian college to get into the for-profit education field, the chain’s operators have announced plans to take the school and its 75,000 students back to the non-profit sphere.  [More]

frankieleon

High School Grads Failed To Claim $2.7B In College Grant Money Last Year

If you’re planning to attend college in the fall but haven’t gone through the not terribly difficult process of filling out a Free Application for Federal Student Aid, you’re potentially giving up your chance to claim thousands of dollars in free money. But you wouldn’t be alone; a new analysis shows that U.S. students failed to claim upwards of $2.7 billion last year because they didn’t take the time to fill out a piece of paper. [More]

Google Gets Access To Your Kids’ Data Because It’s A “School Official”

Google Gets Access To Your Kids’ Data Because It’s A “School Official”

Sometimes, data has to be shared to be useful. For example, a school district needs information on the students in it, in order to function. When are they absent? What are their grades? How are things going with scheduling? So it wouldn’t come as a surprise to most parents that “school officials” are on the list of entities who are allowed to access data, even sometimes sensitive data, about their kids. But it would shock most parents to find out that Google — yes, that Google — is one of those “school officials.”

[More]

Pizza Hut Latest Company Offering To Help Send Employees To College

Pizza Hut Latest Company Offering To Help Send Employees To College

What do a car manufacturer, a coffee chain, a health insurance giant, and a pizza joint have in common? They all offer to foot the bill — or at least some of it — so their employees can further their education by obtaining a college degree.  [More]

(EDMC on Linkedin)

UPDATE: For-Profit Education Company EDMC Agrees To Pay $95.5M To Settle Fraud, Recruitment Violations

UPDATE: Education Management Corporation, the operator of for-profit college chains such as Brown Mackie College, Argosy University and the Art Institutes, will pay $95.5 million to settle claims it violated state and federal False Claims Act (FCA) provisions regarding its recruiting practices.  [More]