Beauty and cosmetology schools are heavily represented among American colleges where debt is going bad the fastest.
In early 2009, the seven largest publicly traded college operators were worth a combined $51 billion. Today, they’ve been all but wiped out.
An estimated 600,000 students are now enrolled at schools that are at risk of losing their accreditation.
Along with traditional scholarship bait like community service and AP classes, a startup is helping colleges reward activities more commonly undertaken by disadvantaged students.
Bridgepoint Education ran an illegal private student loan scheme, the Consumer Financial Protection Bureau said.
The plan, first floated by Bernie Sanders and later endorsed by Hillary Clinton, would make public colleges free for all students with household income up to $125,000.
The California university that maintained a no-fail policy for its thousands of foreign students has avoided serious sanctions for the time being.
Federal government sanctions forced ITT into an unprecedented and sudden closure.
Are the 17,000 students at the Electronic Classroom of Tomorrow really logged in and studying? The school is resisting government attempts to find out.
In hiring one of the country’s most prominent critics of for-profit colleges, the Democratic candidate fired a warning shot at the struggling industry.
In cutting access to federal funds, the Education Department has virtually guaranteed the demise of a chain of colleges that was once valued in the billions of dollars.
Programs that ease the burden of student debt are attracting record numbers of signups — but they’re still not reaching the right people.
The pilot program will let federal student aid be spent at alternative providers like computer programming bootcamps.
“This country would become like a third world country.”
“This should send a clear message to anyone who thinks converting to non-profit status is a way to avoid oversight.”
“The media sucks,” a supporter of the candidate told BuzzFeed News. “When Donald Trump says one thing that’s wrong, they jump on it.”
The class-action suit says Keiser University operates an aggressive, heavily-staffed recruitment machine to bring in new students.
“They could be in the process of trying to gracefully wind down,” according to one industry analyst.
The government has struggled to get the word out to former students whose federal loans can be written off.
The Education Department has written off loans connected to a disgraced for-profit college operator. But a debt collector is still chasing down former students, according to a new lawsuit.