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.
Kamala Harris celebrated a $168 million settlement from a for-profit education giant. The company called her claims “categorically incorrect” — and said it’s paying just $2.5 million.
Clinton’s proposal would make public colleges tuition-free for families making less than $125,000.
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Law graduates, many with more than $100,000 in debt, could soon seek to have their loans cancelled. And some may have a convincing case.
A federal panel voted Thursday to revoke official recognition of a major college accreditor, a decision that could leave hundreds of mostly for-profit colleges scrambling.
The Department says the controversial accreditor has made “egregious and irreparable mistakes” that have harmed many students.
A sweeping new set of regulations include a rule barring colleges from using legal fine print to prevent students from suing them.
“Students and taxpayers have paid the price” for lax oversight of U.S. colleges, the Massachusetts senator said.