Feds: For-Profit College Chain Can’t Switch To Non-Profit To Avoid Accountability

Feds: For-Profit College Chain Can’t Switch To Non-Profit To Avoid Accountability

The Department of Education has denied non-profit status to a chain of for-profit career colleges, accusing the schools’ operators of trying to avoid accountability.
[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]

Michael

Proposed Rule Stops Colleges From Stripping Students Of Their Right To Sue

A recent study found that almost all of the nation’s largest for-profit college chains have enrollment agreements that block students from suing the school and prevent them from joining in class actions against these colleges. Following the 2015 bankruptcy and collapse of mega-chain Corinthian Colleges Inc., the sagging numbers at University of Phoenix, last week’s death knell for Brown Mackie College, and pending investigations and lawsuits against ITT and others, the Department of Education has decided that maybe these schools — which reap billions in federal aid each year — should probably have to be held accountable in a court of law when they screw students over. [More]

For-Profit Brown Mackie College Ceasing Enrollment, Phasing Out Most Locations

For-Profit Brown Mackie College Ceasing Enrollment, Phasing Out Most Locations

The nation’s second largest for-profit educator, Education Management Corporation – the operator of chains like Brown Mackie College, Argosy University and the Art Institutes – will stop enrolling students at most of its Brown Mackie locations while “teaching out” the students that remain. [More]

Freaktography

Should Agency That Provided Accreditation To Corinthian Colleges Be Held Accountable In School’s Failure?

Up until the day it collapsed in 2015, for-profit education chain Corinthian Colleges Inc. was accredited by Accrediting Council for Independent Colleges and Schools (ACICS), one of the nation’s largest federally recognized accrediting bodies. With taxpayers potentially on the hook for hundreds of millions of dollars in forgiven student loans, the California Attorney General is calling on the Department of Education to revoke federal recognition of ACICS. [More]

Former Trump University Managers Call Out “Dishonest” Program In Unsealed Testimony

Former Trump University Managers Call Out “Dishonest” Program In Unsealed Testimony

Newly unsealed testimony from a lawsuit against the now-defunct Trump University appears to indicate that employees at the real estate training program were more focused on upselling students on additional seminars than they were on providing a bona fide education. [More]

University Of Phoenix To Stop Stripping Students Of Their Right To Sue School

University Of Phoenix To Stop Stripping Students Of Their Right To Sue School

A recent study found that student enrollment agreements at virtually all of the nation’s biggest for-profit colleges have forced arbitration clauses that strip students of their rights to file a lawsuit against the school, and in most cases bar students from joining their similar or identical disputes together. Under pressure from lawmakers and consumer advocates who questioned how these schools could continue to take billions in federal aid while trying to avoid accountability in the courtroom, the nation’s biggest for-profit educator has decided to stop using the controversial arbitration clauses. [More]

Failed For-Profit College Operator Ordered To Pay $1.1 Billion For Predatory Practices

Failed For-Profit College Operator Ordered To Pay $1.1 Billion For Predatory Practices

Corinthian Colleges Inc. — which formerly ran for-profit education chains like Everest University, Heald College, and WyoTech — may have collapsed and had its remnants sold off, but the lawsuits against the failed company continue to loom. This week, a California judge ordered the defunct company to fork over $1.1 billion to the state for lying to students, investors, and regulators. [More]

Appeals Court Reinstates Fraud Case Against Trump University

Appeals Court Reinstates Fraud Case Against Trump University

Back in Aug. 2013, the New York state attorney general’s office sued Donald Trump and Trump University, alleging that the for-profit investment school had tricked students out of $40 million by misleading them into thinking they were paying for a licensed education program with instructors handpicked by Trump. Today, a state appeals court panel breathed new life into the lawsuit, meaning the fraud case can move forward. [More]

University Of Phoenix Barred From Military Bases, Using New Tuition Assistance Funds

University Of Phoenix Barred From Military Bases, Using New Tuition Assistance Funds

For-profit college chains like the University of Phoenix spend a lot of time and money recruiting active-duty military personnel. But the school has come under fire in recent months for allegedly crossing some legal lines in its efforts to attract students from the armed forces. Yesterday, Phoenix’s parent company revealed that the school is currently barred from recruiting on U.S. military installations, and that Department of Defense tuition assitance funds can not be used to pay for classes for new students. [More]

Ashworth College agreed to settle charges it misled students.

For-Profit Educator Ashworth College Settles FTC Charges It Misrepresented Career Opportunities, Transfer Credits

Federal regulators’ crackdown on the for-profit education industry continued today as Georgia-based Ashworth College agreed to settle Federal Trade Commission charges the company misled students about career training and credit transfers. [More]

(Tim schreier)

Senators Urge Dept. Of Education To Provide Support To Students Affected By Corinthian Colleges Closure

Ever since now-bankrupt Corinthian Colleges Inc. began its downward spiral, consumer advocates, students and legislators have urged the powers that be to provide relief for students of Everest University, Heald College and WyoTech. Today, that plea continued as nine senators called on the Department of Education to provide support to the 16,000 students affected by the company’s final closure. [More]

RiddimRyder

Two Major For-Profit Education Chains Announce Closures, Sales Of Dozens Of Campuses

The for-profit education sector is getting a bit smaller after two of the largest proprietary college chains – Career Education Corporation and Education Management Corporation – revealed plans to close or sell dozens of campuses across the country. [More]

List Of Transfer Schools For Corinthian College Students Includes Other For-Profit Chains Under Investigation

List Of Transfer Schools For Corinthian College Students Includes Other For-Profit Chains Under Investigation

Just because students who attended the now closed Everest University, Heald College or WyoTech campuses can’t finish their college career with Corinthian Colleges Inc., doesn’t mean they can’t finish their education somewhere else. For student who would prefer to transfer to a similar program rather than receive a refund, the Department of Education has provided a list of viable colleges. But that list has quickly garnered criticism from lawmakers because it includes other for-profit education institutions under scrutiny. [More]

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Students Affected By Corinthian Colleges Closures Have Some Relief Options

Although many of us saw the final collapse of Corinthian Colleges Inc. on the horizon since last summer, for the nearly 16,000 students who were currently enrolled at the company’s 28 remaining Everest University, Heald College and WyoTech campuses news that they no longer have a school to attend was no doubt jarring, opening a door to questions about their future education and the debt burden they now carry. [More]

(thisisbossi)

Petition Calls For Loan Relief For Corinthian College Students

Ever since for-profit education chain Corinthian Colleges began its downward spiral last summer, consumer groups, students and legislators have urged the Department of Education to provide current and former students relief from student loans they took out to finance an education based on deceptive recruitment practices. Now that CCI has closed its remaining Everest University, Heald College and WyoTech campuses, consumer advocates say discharging federal student loans held by these students – and protecting students of other for-profit institutions – should be of immediate concern for the Department. [More]

California Orders Corinthian Colleges To Stop Enrollment At WyoTech, Everest Campuses

California Orders Corinthian Colleges To Stop Enrollment At WyoTech, Everest Campuses

The collapse of for-profit education chain Corinthian Colleges – operator of Everest University, Heald College and WyoTech – continued today after a California regulator issued an order requiring the company to cease enrolling new students at its Everest and WyoTech campuses in the state. [More]

The Canadian subsidiary of for-profit education chain Corinthian Colleges Inc. has filed for bankruptcy.

Corinthian College’s Canadian Subsidiary Files For Bankruptcy A Week After Campuses Shut Down

Less than a week after the Ontario Education Ministry closed 14 Everest College campuses in the province, the Canadian subsidiary of for-profit college operator Corinthian Colleges Inc. announced it had filed for bankruptcy. [More]