Hechinger Report HARLOTTESVILLE, Va. — Alec Scicchitano may have been considered middle class, but it was still going to be hard for him to afford college. The son of a single mother who’s a writer, Scicchitano knew he “needed to go to a university that would give really good financial […]
Inside Higher Ed By Paul Fain A new report from the U.S. Department of Education used a representative national sample of 90,000 undergraduate college students in 2015-16 to examine the demographics of low-income students, the financial aid they received and the price of attendance for the institutions they attended. The data from the […]
PBS.org FONTANA, Calif. — At a steel factory dwarfed by the adjacent Auto Club Speedway, Fernando Esparza is working toward his next promotion. Esparza is a 46-year-old mechanic for Evolution Fresh, a subsidiary of Starbucks that makes juices and smoothies. He’s taking a class in industrial computing taught by a […]
Inside Higher Ed By Andrew Kreighbaum The Consumer Financial Protection Bureau is looking into loans and other financing offered to students by the Center for Excellence in Higher Education, which operates the College America and the Stevens-Henager College chains. The agency notified CEHE in April that it was seeking information about […]
Yahoo Finance IRVINE, Calif., Sept. 30, 2019 /PRNewswire/ — International Education Corporation (IEC) and its subsidiary companies are proud to announce they are in the process of becoming employee-owned by creating an Employee Stock Ownership Plan (ESOP). As a premier provider of postsecondary career education, International Education Corporation has made student success […]
Inside Higher Ed Data released by the Education Department Wednesday showed that the share of borrowers defaulting on their student loans has declined for the sixth straight year. Of borrowers who entered repayment in 2016, 10.1 percent had defaulted on their loans by 2018 — down from 10.8 percent from the previous year. For-profit colleges […]
Inside Higher Ed For a certain corner of higher ed, income-share agreements have emerged as the most exciting innovation to finance a college degree. The contracts obligate students to pay back a portion of their future income for a set number of years rather than take out student loans to […]
Inside Higher Ed An ambitious, Legislature-funded effort by nearly two dozen California community colleges to create degree and certificate pathways with no textbook costs is scaling up this year, and early — if imperfect — data suggest that the program is saving students money and improving their educational outcomes. “We […]
Inside Higher Ed The Century Foundation released a report Thursday detailing the “deeply unsettling picture” of online program management companies’ involvement in higher education. The report adds to recent scrutiny of the companies. And the progressive think tank advised colleges to steer clear of for-profit OPMs that incorporate tuition sharing, lengthy terms and bundled […]
Education Dive Dive Brief: The punch is largely gone from a package of bills designed to raise scrutiny of for-profit colleges in California, the result of a successful lobbying effort to blunt its impact, CalMatters reported. The for-profit and online education sectors spent about $800,000 lobbying state lawmakers in the first […]