CNBC The SEC on Friday said it settled a lawsuit against two former ITT Educational Services executives accused of hiding the defunct for-profit college operator’s actual financial condition from investors. The deal came after the SEC’s commissioners took the rare step last year of rejecting an earlier proposed settlement negotiated […]
Hechinger Report by Jon Marcus Signs of trouble at the Charlotte School of Law percolated for years. In exchange for the median $161,910 graduates had borrowed to pay tuition, fees and other costs, according to the American Bar Association, only 45 percent were passing the bar exam. That was far below […]
Inside Higher Ed by Lindsay McKenzie Assertions that the U.S. Department of Education missed a deadline to delay state authorization rules are incorrect, a department spokeswoman said Thursday. In a statement, the department said it “did not miss the July 1 deadline for this delay.” A notice confirming the two-year delay in putting the new rule in place […]
Education Dive by James Paterson Dive Brief: Legislation that would make more data about student outcomes available to students, institutions and higher education policymakers has gained the support of a key Republican senator, which should mean it will pass soon, according to Inside Higher Education. The College Data Transparency Act, which […]
ACICS Statement from Michelle Edwards, President of ACICS on the Release of the 2018 Draft Staff Report Background: In response to the recent release by the U.S. Department of Education of a March 2018 Draft Staff Report regarding ACICS recognition, it is important to understand that the Draft Staff Report was exactly […]