- For-profit colleges owned by publicly traded corporations were among the worst in preparing students for jobs that allow them to repay debts, according to U.S. (Huffington Post)
- Twelve percent of all students in higher education attend a for-profit institution, yet they represent 46 percent of all student loan dollars in default. (msnbc.com)
- The average tuition at a for-profit school is steep -- six times higher than a community college and double the cost of a four-year public school, according to Sen. Tom Harkin of Iowa, chairman of the HELP committee. (Click10.com)
- The Accrediting Commission of Career Schools and Colleges issued the order to Career Education Corp., a Schaumburg, Ill.-based for-profit college company, earlier this month. (Huffington Post)
- On a conference call with reporters Wednesday morning, Sen. Kay Hagan, D-N.C., promoted a bill she has introduced that would prohibit for-profit colleges from using taxpayer-funded financial aid for marketing, recruiting or advertising purposes. (Salon)
- Ms. Burke acquired a degree and $60,000 in debt at college, but her job hasnt changed. (Wall Street Journal)
- The department issued the gainful employment rule last year to judge whether programs offered by for-profit colleges presented students enough opportunities to get a job and pay back debt. (Reuters)
- You could forgive the Elvis impersonator on hand to greet attendees here at the annual convention of the Association of Private Sector Colleges and Universities if he felt overshadowed. (The Chronicle of Higher Education)
- The gainful-employment rule applies only to nondegree-granting vocational programs, which include 42,000 programs at public and private colleges, and roughly 13,000 programs at for-profit colleges. (The Chronicle of Higher Education)
Tuesday, June 26, 2012
For-profit colleges
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