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Controversy Surrounding the Gainful Employment Act and ForProfit Education Providers

Controversy Surrounding the Gainful Employment Act and ForProfit Education Providers

Best Stocks  Elaine Mendonca October 17, 2023 On October 17, 2023, a tweet surfaced from Citron Research, expressing criticism towards $LOPE, a for-profit education provider. The tweet specifically targeted the company’s anti-government rhetoric and management posturing, highlighting their stance in light of the recently enacted Gainful Employment Act. This act, introduced […]

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Carrington College Designated an Apple Distinguished School

Carrington College Designated an Apple Distinguished School

Career Education Review  Jenny October 11, 2023 Recognized for commitment to continuous innovation using technology SACRAMENTO, Calif., Oct. 5, 2023 — Carrington College is pleased to announce that it has been recognized as an Apple Distinguished School for the 2023–2026 program term. Carrington College was selected for this distinction based […]

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The Still Overlooked Financial Value Transparency Rules

The Still Overlooked Financial Value Transparency Rules

On EdTech Newsletter Phil Hill October 11, 2023 What about the non-Gainful Employment disclosures coming to a government website near you? With recent publication of the final Gainful Employment (GE) rules, there is still an overlooked aspect of the rules’ impact on nonprofit colleges and universities. Many of those schools’ […]

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Ed Department: Mass Loan Cancellation Is Off the Table

Ed Department: Mass Loan Cancellation Is Off the Table

Inside Higher Ed Katherine Knott October 11, 2023 The first meeting of the Education Department’s student debt relief negotiating committee offered glimpses at what kind of loan forgiveness the Biden administration might propose. Ever since President Biden said that his administration would try again to offer broad student debt relief after […]

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This for-profit believes it’s being “targeted” by the government

This for-profit believes it’s being “targeted” by the government

University Business Alcino Donadel October 9, 2023 The conflict between the federal government and GCU, one of the country’s largest Christian universities, first began when it applied to be recognized a non-profit to the Department of Education in 2019 to streamline its federal funding process. In a sudden public statement published last […]

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Sayonara, For-Profit Colleges

Sayonara, For-Profit Colleges

The Wall Street Journal October 8,2023 Biden resumes Obama’s assault, which will hurt low-income students. We laughed out loud last week when the New York Times quoted Professor Kate Shaw asking if the Supreme Court will “continue to incapacitate” the administrative state. She was apparently serious. Do Biden regulators look […]

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Department of Education rule threatens viability of for-profit colleges

Department of Education rule threatens viability of for-profit colleges

Washington Examiner  Jeremiah Poff October 6, 2023 The United States Department of Education finalized a new regulation last week that critics say could have a catastrophic effect on the long-term viability of for-profit career colleges. The so-called gainful employment rule was finalized last week, less than five months after it was proposed in May. The […]

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