DeVry University Must Stop Claiming That 90% Of Grads Get Jobs

DeVry University Must Stop Claiming That 90% Of Grads Get Jobs

Many for-profit college chains recruited students through ads touting exceedingly high job-placement rates, but as we’ve seen from the recent collapses of chains like Corinthian Colleges Inc. and ITT Tech, those placement statistics can be artificially inflated. This week, for-profit educator DeVry Education Group agreed to be more honest and transparent about the job-placement claims in its ads and recruitment materials. [More]

(D. Michelson)

Student Loan Default Rates Decline, But A Record Number Of Borrowers Are In Default

While the number of borrowers defaulting on their federal student loans didn’t increase this year, the number of consumers who remain in default hasn’t really change either, creating a stand-still of sorts.  [More]

ITT Tech Banned From Enrolling New Students Using Federal Financial Aid

ITT Tech Banned From Enrolling New Students Using Federal Financial Aid

And just like that the foundation of ITT Education Services is beginning to crumble. Today, the Department of Education took a series of actions that bans the company behind the for-profit chain of ITT Technical Institutes from enrolling new students using federal financial aid funds.  [More]

Prisoners Will Soon Be Eligible For Pell Grants To Finance Education

Prisoners Will Soon Be Eligible For Pell Grants To Finance Education

Twenty years after passing a law that banned prisoners from financing higher education with federal grants while incarcerated, the government is ready to begin investing in the education of inmates. [More]

(@itsfischy on Twitter)

FAFSA Twitter Account Sorry For Posting “I’m Poor” Tweet Aimed At Financial Aid Applicants

You know what isn’t always that funny to people who can’t afford say, college? Calling them out for being poor on social media. Oh, hello, Federal Student Aid’s twitter account. You seem to have made a mistake in that area. [More]