Interviews with nearly 20 students at Everest Colleges across the country paint a picture of misleading information or half-truths being disseminated by advisors about its financial state. Half of them had never been told that their school’s campus was up for sale.
It’s all linked to the fall of Corinthian Colleges last month.
A routine investigation that has sparked skittish investors.
The politics of regulating for-profit colleges.
Corinthian Colleges will attempt to sell almost all of its 97 US campuses, according to an agreement reached with the Education Department late last night. Experts say the Education Department’s move to shut down Corinthian is a warning, and a possible threat, to other for-profit colleges.
The agreement would prevent the company’s campuses from shutting down immediately.
A delay in aid payments from the Department of Education may make Corinthian Colleges’ for-profit network “unable to continue as a going concern.” The stock is now hovering above 30 cents.
Rules likely to be adopted by the Education Department could eliminate a large chunk of the Higher One’s revenues.
Sex discrimination under Title IX extends to claims based on gender identity and failure to conform to stereotypes of masculinity and femininity, the U.S. Department of Education formalized Tuesday in guidance relating to sexual violence in schools.
The latest study from the New American Foundation, released today, found that about 40% of the more than $1 trillion in outstanding student loans went to finance graduate and professional degrees. And thanks to changes in repayment terms, the federal government is likely to end up bankrolling many graduate degrees.
Regulations proposed Friday will crack down on programs with low graduation rates and high student debt. Many of those are at for-profit schools like the University of Phoenix and Everest College, which get huge chunks of their revenue from federal dollars.
The Department of Education’s “Negotiated Rulemaking” could set in place rules that could drastically change the business of higher education finance company Higher One.
The “Kids’ Zone” of the National Center for Education Statistics (NCES) website, part of the Department of Education’s Institute of Education Sciences, quotes communist leader Mao Zedong. The NCES is the“primary federal entity for collecting and analyzing data related to education in the U.S. and other nations.” Update: The quote has been removed and the Department of Education has issued a statement.