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]
for-profit education
Should Agency That Provided Accreditation To Corinthian Colleges Be Held Accountable In School’s Failure?
By 6.2.16
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
By 6.1.16
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
By 5.19.16
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
By 3.24.16
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
By 3.1.16
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
By 10.9.15
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]
For-Profit Educator Ashworth College Settles FTC Charges It Misrepresented Career Opportunities, Transfer Credits
By 5.26.15
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]
Senators Urge Dept. Of Education To Provide Support To Students Affected By Corinthian Colleges Closure
By 5.8.15
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]
Two Major For-Profit Education Chains Announce Closures, Sales Of Dozens Of Campuses
By 5.7.15
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
By 4.28.15
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]
Students Affected By Corinthian Colleges Closures Have Some Relief Options
By 4.27.15
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]
Petition Calls For Loan Relief For Corinthian College Students
By 4.27.15
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
By 4.22.15
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]
Corinthian College’s Canadian Subsidiary Files For Bankruptcy A Week After Campuses Shut Down
By 2.24.15
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]
Ontario Education Officials Close 14 Everest Campuses Amid Corinthian Colleges’ Downfall
By 2.19.15
If you thought the issues plaguing beleaguered for-profit college operator Corinthian Colleges Inc. didn’t extend beyond the borders of the United States, then you were wrong. Some 2,400 students in Canada are now left to pick up the pieces after the Ministry of Education in Ontario announced it would shut down CCI-operated Everest College campuses in the province. [More]
Whistleblowing Former For-Profit College Dean To Receive $395K After Being Fired
By 12.24.14
Over the past year, we’ve heard many horrendous stories from current and former employees about the deceptive practices used by for-profit colleges to attract students. Now, one such employee is being compensated after she says she was fired from the college she worked at because she brought attention to the school’s allegedly deceitful practices. [More]
14 Attorneys General Back Bill To Create For-Profit College Watchdog
By 10.7.14
More than six months after a bill that would improve coordination and oversight of the for-profit college industry was introduced in the Senate and House, a number of state attorneys general have signed on in support. [More]
