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FTC Takes Action to Combat Bogus Money-Making Claims Used to Lure People into Dead-end Debt Traps

FTC Takes Action to Combat Bogus Money-Making Claims Used to Lure People into Dead-end Debt Traps

Federal Trade Commission  Jay Mayfield February 17, 2022 Agency launches rulemaking to challenge false earnings claims by multilevel marketers, for-profit colleges, and “gig economy” platforms The Federal Trade Commission launched a proceeding to challenge bogus money-making claims used to lure consumers, workers, and prospective entrepreneurs into risky business ventures that […]

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DOE’s War on Career Colleges Will Harm the Very Students it Seeks to Help

DOE’s War on Career Colleges Will Harm the Very Students it Seeks to Help

The Economic Standard Krisztina Pusok This week, the Department of Education’s negotiated rulemaking committee will meet to discuss sweeping changes to the 90/10 rule governing the share of revenue that career colleges can receive from the federal government. According to reports, the committee is likely to recommend broadening the scope […]

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President Biden’s Hypocrisy on For-Profit Colleges Is Unacceptable

President Biden’s Hypocrisy on For-Profit Colleges Is Unacceptable

Committee on Education & Labor February 17, 2022 President Biden’s predatory policies targeting career-focused institutions harm low-income, minority, and other disadvantaged students seeking to improve their career pathways and move up the economic ladder. Holding proprietary institutions to a different standard and ignoring the failures of traditional colleges and universities […]

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Who Knew? 5 Surprises About Accreditation

Who Knew? 5 Surprises About Accreditation

Inside Higher Ed Jamienne S. Studley February 17, 2022 Accreditation is stepping up its game in an evolving higher education landscape in ways that may surprise you, writes Jamienne Studley. It’s no surprise that accreditation is misunderstood. The accreditation system exists precisely to allow for tailored, predictive judgments applying broad […]

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Education Department Approves $415M in Borrower-Defense Claims

Education Department Approves $415M in Borrower-Defense Claims

Inside Higher Ed Scott Jaschik February 17, 2022 Nearly 16,000 borrowers will receive $415 million in borrower defense to repayment discharges following the approval of four new findings. This includes approximately 1,800 former DeVry University students, who will receive approximately $71.7 million in full borrower-defense discharges after the U.S. Department of Education determined that […]

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Woodward: Rules on for-profit colleges could hurt economy, veterans

Woodward: Rules on for-profit colleges could hurt economy, veterans

Boston Hearld Chris Woodward February 16, 2022 You don’t have to agree with their politics to get the message protesting truckers sent across the border from Canada: The economy depends on truck drivers. And America just doesn’t have enough of them. According to the American Trucking Association, the nation is […]

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Students trade college for trade schools

Students trade college for trade schools

KFOX14 Erika Castillo February 14, 2022 EL PASO, Texas (KFOX14) — The sound of success for many people has changed when it comes to seeking education after high school or later in life. A growing need for technical workers across the country has triggered a wave of higher enrollment in trade schools. […]

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New Research Shows That 89% of Programs Failing Gainful Employment Would be at Public and Private Nonprofit Institutions Were it Applied to All Programs

New Research Shows That 89% of Programs Failing Gainful Employment Would be at Public and Private Nonprofit Institutions Were it Applied to All Programs

CECU February 14, 2022 Arlington, VA – A report released earlier today by the Texas Public Policy Foundation (TPPF), a 501(c)3 non-profit, non-partisan research institute, reveals that if the Obama administration’s gainful employment debt-to-earnings test were applied to all programs at all higher education institutions, then 51% of failing programs would […]

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