Higher Ed Dive April 30, 2024 We’re keeping track of companies’ profits, losses and strategies to monitor major developments in the higher ed industry. The U.S. higher education sector includes a handful of publicly traded companies, which are federally required to regularly provide updates about their business and performance. These […]
Minding the Campus Andrew Gillen April 29, 2024 Immediately after the Supreme Court overturned his last big student loan forgiveness plan, President Biden announced a new effort that would rely on a different law, an effort that is now nearing completion. The administration has released the draft regulations that would waive accrued interest, forgive […]
Higher Ed Dive Ben Unglesbee April 26, 2024 The Ohio institution’s move to close comes around the same time that Mountain State College, another proprietary institution, shut down permanently. Dive Brief: The North Coast College, a for-profit in Ohio, plans to close at the end of August after years of financial […]
The Hechinger Report Jon Marcus April 26, 2024 Most never finish their degrees, and alumni wonder about the value of degrees they’ve earned It was when the shuttle bus stopped coming that Luka Fernandes began to worry. Fernandes was a student at Newbury College near Boston whose enrollment had declined […]
Inside Higher Ed Katherine Knott and Liam Knox April 28, 2024 The Federal Student Aid chief and debt-relief czar is stepping down after months of criticism over the bungled FAFSA overhaul. But is now the right time for accountability? Richard Cordray, the chief operating officer of the Office of Federal […]
Inside Higher Ed Liam Knox April 26, 2024 The University of Phoenix has agreed to pay $4.5 million in a settlement over unlawful recruitment tactics for military students, the California Attorney General’s office announced Thursday. The settlement concludes a nearly decade-long investigation into the online, for-profit university’s “aggressive” recruitment of veterans who qualified for […]
National Association of Manufactures Nam Newsroom April 25, 2024 A new final overtime rule from the U.S. Department of Labor will reduce flexibility for employees and could force manufacturers to make difficult choices about their workforces, the NAM said Tuesday. What’s going on: The new regulation “changes the salary threshold used to determine […]
Thompson Coburn LLP Roger Swartzwelder April 23, 2024 On April 15, 2024, the U.S. Department of Education (“Department”) issued new guidance regarding the implementation of the program length restrictions for Gainful Employment (“GE”) programs. These restrictions are included in the Department’s Financial Responsibility, Administrative Capability, Certification Procedures and Ability to Benefit Final Rule (“Final […]
The Daily Signal Tony Kinnett April 19, 2024 A national grassroots petition in protest of President Joe Biden’s latest student debt “forgiveness” stunt garnered over 5,000 online comments in a single night. Biden’s newest student loan cancellation plan would shift almost $150 billion in debt from those with outstanding college loans to American taxpayers—including […]
Higher Ed Dive Natalie Schwartz April 19, 2024 Advocates for sexual assault survivors praised the rule, though some groups said it will undermine due process and free speech. The U.S. Department of Education released one of its long-awaited rules governing Title IX on Friday, drawing praise from advocates for sexual assault survivors […]