InsideHigherEd By Andrew Kreighbaum The Department of Education on Friday released new guidance on the 2016 borrower-defense rule instructing colleges to drop enforcement of mandatory arbitration agreements. Education Secretary Betsy DeVos blocked the rule from taking effect in 2017, but after a legal battle with consumer advocates and several states, she was ordered by a […]
Cooley By Kate Lee Carey and Caitlyn Shelby As noted in our blog post last week, a group of six California Assembly members have coordinated in authoring a legislative package of seven bills impacting higher education in (and out of) that state. This is part two in our discussion of these legislative proposals, […]
InsideHigherEd by Ashley A. Smith California lawmakers are going after for-profit institutions with a slate of bills meant to tighten regulations, some of which also are aimed at nonprofit universities with big online programs. Lawmakers in the state say the bills are a response to the rollback of for-profit oversight […]
Education Dive By Ben Unglesbee Dive Brief: For-profit college operator Bridgepoint Education agreed on Tuesday to acquire the coding boot camp specialist Fullstack Academy. The deal includes $17.5 million in cash and 4.75 million shares of common stock in Bridgepoint, according to a securities filing. The companies expect the deal to […]
Education Dive By Ben Unglesbee The nonprofit’s attempt to operate a trio of formerly for-profit colleges was troubled from the start — but the problems began years before. This story is ongoing and the timeline will be updated as events unfold. In the fall of 2017, the faith-based nonprofit Dream […]
Fox Business By Brittany De Lea The Trump administration, seeking to tackle the mounting student loan debtOpens a New Window. issue, is weighing the possibility of requiring collegesOpens a New Window. to share some of the financial burden. Officials outlined a proposal to require colleges that accept taxpayer funds to “have skin in the game […]
CourtHouseNews By JENNIFER HIJAZI WASHINGTON (CN) – In a House subcommittee hearing Tuesday on the regulation of for-profit colleges, lawmakers across the aisle agreed that Congress needs to intervene against predatory behavior from private institutions like the now-defunct ITT Technical Institute and Argosy University. “There are dreams and aspirations being […]
InsideHigherEd By Paul Fein A new paper from the Manhattan Institute looks at the small but growing number of income-share agreements in higher education, which give students the option of using some of their postgraduate income to help pay for college. The ISA model “transfers risk from the student to the investor,” […]
InsideHigherEd By Mark Lieberman The Department of Education on Monday proposed to eliminate or substantially alter the existing federal definition of a credit hour, following several rounds of criticism for previous similar proposals. According to federal rules established during the Obama administration, one credit hour amounts to one hour of in-class instruction and […]
Chronicle By Terry Nguyen Colleges moved quickly on Tuesday to distance themselves from coaches and other employees charged in the wake of an investigation into an admissions-bribery scheme that federal prosecutors announced that morning. Eleven employees at eight elite universities, including athletics coaches and one administrator, were among the dozens […]