Inside Higher Ed Katherine Knott October 19, 2022 Several Democratic senators want the U.S. Department of Education to hold for-profit college executives personally liable for student loans discharged because of an institution’s misconduct. “Despite the Department repeatedly finding that fraudulent for-profit colleges widely mislead [sic] students and misrepresented their costs, ability to transfer credits, and […]
Read MoreInside Higher Ed Scott Jaschik October 18, 2022 President Biden on Monday afternoon opened his plan to forgive hundreds of millions of dollars in student debt to everyone who is eligible. The plan forgives $10,000 for anyone earning less than $125,000 or $250,000 for couples filing joint tax returns. Pell Grant recipients would be eligible […]
Read MoreInside Higher Ed Josh Moody October 18, 2022 Ambow Education purchased Bay State College in 2017 and the NewSchool of Architecture & Design in 2020. Now critics say both institutions are in shambles. Two colleges, one for-profit Chinese education company and too many problems to count. Bay State College in Massachusetts has seen three presidents […]
Read More
Career Education Review Jenny October 16, 2022 While the rule successfully denies funding to many low-value programs, nonprofit colleges face zero accountability. Austin, TX and Washington, DC – The Biden administration’s proposed Gainful Employment (GE) rule requires key changes, according to a new report by Preston Cooper, Senior Fellow at the Foundation for Research on Equal Opportunity. […]
Read More