Forbes.com By Richard Vedder Last Friday, U.S. Secretary of Education Betsy DeVos announced she was killing off gainful employment rules governing for-profit colleges. These Obama Administration era regulations deny federal student financial aid to individuals attending institutions considered not having enough attendees “gainfully employed” after attending school. On the face […]
By THE WASHINGTON POST By Danielle Douglas-Gabriel A federal appeals court ruling Thursday could stymie the Education Department’s efforts to shield from state regulation companies that manage the department’s $1.5 trillion portfolio of student loans. The 24-page opinion from the U.S. Court of Appeals for the 7th Circuit challenges a […]
MercuryNews.com Three San Bernardino County women were arrested Thursday, June 27, and accused of stealing more than $1 million in federal student financial aid through Fullerton College in a scheme in which authorities say they enrolled hundreds of mostly non-existent students, successfully applied for grants and loans and then pocketed […]
Jamesgmartin.center Michael DeBow14 Comments The federal government currently holds around $1.5 trillion in outstanding student loans—up from “only” $500 million in 2007. Undoubtedly, the federal government—and taxpayers—have an enormous stake in higher education and bureaucrats in the Department of Education see their role as protecting the system against “bad actors.” […]
HoumaToday.com By Kenneth Mejia / Guest Columnist After nine years of service in the Louisiana Army National Guard – the first six in the infantry and the last three as a medic – I found myself working as a salesman for a security company not able to properly support my […]
Inside Higher Ed. A cyberattack disabled many of Monroe College’s technology systems and platforms last week. Students and faculty and staff members were locked out of the college’s website, learning management system and email, with hackers demanding payment of around $2 million in Bitcoin to restore access. Marc Jerome, president of […]
Education Dive. Dive Brief: The U.S. House of Representatives passed an amendment last week to its version of the National Defense Authorization Act for the 2020 fiscal year that would require the U.S. Department of Defense to audit financially shaky for-profit colleges that enroll members of the military. It also […]
Education Dive. Dive Brief: Zovio’s long-sought conversion of its for-profit Ashford University to an independent nonprofit college, AU NFP, now has the approval of its accreditor, WASC Senior College and University Commission. The change, which was announced Monday and is expected to close during the third quarter, comes five months after […]
Inside Higher Ed. The student debt crisis has become ubiquitous in headlines and even in the mouths of some lawmakers. New research, though, suggests that if many students are taking out unnecessary loan debt, others aren’t borrowing enough to support their pursuit of a degree. The studies found that community […]
Inside Higher Ed. So far the Trump administration’s take on trying to hold colleges more accountable has relied largely on releasing more public-facing data about their performance at the program level, while also deregulating and dropping sanction-bearing rules from the Obama era. The U.S. Department of Education’s top higher education […]