News

Debts Canceled for 317,000 Former Students at Art Institutes

Debts Canceled for 317,000 Former Students at Art Institutes

Inside Higher Ed Katherine Knott May 2, 2024 The Education Department will wipe out $6.1 billion in loans for students who attended any Art Institute campus from 2004 to 2017. The relief comes through the borrower defense to repayment program, which allows students who were misled or defrauded by their institution to […]

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States, Conservative Groups Sue to Block New Title IX Rule

States, Conservative Groups Sue to Block New Title IX Rule

Inside Higher Ed Katherine Knott April 30, 2024 Six states and a group of conservative advocacy organizations filed lawsuits Monday to block the Biden administration’s new Title IX rule and accused the Department of Education of acting unlawfully and overreaching. In two lawsuits filed in Louisiana and Alabama, the plaintiffs argued that […]

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How publicly traded higher education companies are performing

How publicly traded higher education companies are performing

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 […]

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Biden’s Newest Folly on Student Loan Forgiveness

Biden’s Newest Folly on Student Loan Forgiveness

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 […]

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For-profit North Coast College plans to shutter in August

For-profit North Coast College plans to shutter in August

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 […]

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Richard Cordray Takes the Fall for FAFSA Fiasco

Richard Cordray Takes the Fall for FAFSA Fiasco

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 […]

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University of Phoenix Fined for ‘Aggressive’ Military Recruitment Tactics

University of Phoenix Fined for ‘Aggressive’ Military Recruitment Tactics

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 […]

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New Overtime Rule Will Cost Employers and Workers

New Overtime Rule Will Cost Employers and Workers

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 […]

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