The Consumer Financial Protection Bureau found a bevy of illegal student loan servicing practices at Discover Bank.
A major test for the company.
The Education Department continues to clash with the private agencies it partners with to service student loans.
The education giant’s U.S. business has been hit by a number of setbacks in the last year, and losing out on a lucrative deal in New York is the latest of them.
One in every five dollars of federal graduate-student loan money goes to students of just 20 schools, which enroll about 12% of all the graduate students in the country.
The New York Stock Exchange shut down all trading for more than half an hour on Wednesday morning, hours after United Airlines temporarily grounded all flights due to computer issues.
The company has helped millions of Americans deal with complicated government paperwork, and says it can do the same for troubled student borrowers.
The U.S. played its best game of the tournament, dominating top-ranked Germany.
With enrollments and revenues falling, the for-profit college is embarking on an effort to “transform” itself, warning things may get worse before they get better.
A blow for Rupert Murdoch’s attempt to shake up the education industry.
Academica’s classrooms star in a new Bush campaign video. The Miami Herald called the company “Florida’s Richest Charter School Management Firm.”
A federal judge has ruled in favor of regulations that punish colleges whose graduates have high levels of debt but low earnings.
The Consumer Financial Protection Bureau wants search engines to quit publishing ads for potentially illegal schemes.
The Los Angeles school district’s attempt to give all its students an iPad was a billion-dollar disaster. Baltimore County and its ambitious young superintendent hope to succeed where L.A. failed.
In ordering the bulk clearance of debt for 40,000 students of a collapsed for-profit college chain, the department broke new ground. It also set taxpayers back an estimated $500 million.
Students had pushed to change the building’s name, saying it contributed to a culture of racism on campus. The vote among UNC trustees passed 10-3.
A federal complaint filed this month claims Harvard’s admissions system discriminates against Asian applicants. It came as little surprise to the professionals specialized in getting kids into college.
25 years after the first Women’s World Cup, women’s national teams are coming to FIFA’s hit soccer video game. Abby Wambach, Alex Morgan, and Christine Sinclair are all here.
Two new studies consider how public universities fall short in serving many of the people most in need of their help.
One for-profit college giant has collapsed and others are on the brink. Their troubles represent a big, unsolved problem for the government that bankrolls them.