Tuesday, June 26, 2012

For-profit colleges

  • 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)

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