Sunday, July 1, 2012

For-profit college

  • A federal judge has struck down central parts of hotly debated new federal regulations meant to rein in for-profit colleges that often leave students saddled with debts they cannot repay. In a ruling released on Saturday, U.S.
  • (Huffington Post)
  • For-profit colleges training security guards, medical assistants and law enforcement officers risk losing federal money because they leave students with debts they struggle to repay, the U.S. Education Department said.
  • (Bloomberg)
  • Dozens of for-profit colleges, also called career training programs, could lose their federal financial aid because they are saddling students with unsustainable levels of debt, according to new data from the US Department of Education.
  • (The Christian Science Monitor)
  • Attorneys general in 20 states announced a settlement Wednesday with an online marketing company that aims to connect for-profit college recruiters with veterans who have generous educational benefits from the government.
  • (Huffington Post)
  • The first government-issued report card evaluating for-profit colleges is in, and it's none too pretty.
  • (Salon)
  • Returning service members are eligible for education benefits under the GI Bill and attracting these students can be lucrative for the growing number of for-profit educational institutions in the U.S.
  • (Jefferson City News Tribune Online)
  • (Reuters) - Most programs at for-profit colleges, including those at Apollo Group and Strayer Education Inc, could clear new rule requirements, according to latest data on loan repayment by students released by the Department of Education.
  • (msnbc.com)
  • Several for-profit colleges in Minnesota are having trouble meeting new federal guidelines on student debt, raising the possibility that they could lose access to key federal student loans.
  • (The Business Journal)
  • LOUISVILLE, Ky. — A California-based company accused of preying on veterans for their education benefits agreed Wednesday to pay $2.5 million to 20 states and turn over its website — GIBill.com — to the U.S. Department of Veterans Affairs.
  • (Greenfield Daily Reporter)

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