Friday, July 27, 2012

For profit colleges

  • A congressmans investigation into executive pay at for-profit colleges has found that it is based predominantly on the profitability of their companies rather than the success of their students. Rep. Elijah E.
  • (The Chronicle of Higher Education)
  • These are challenging times for Downers Grove-based DeVry Inc.
  • (Chicago Sun-Times)
  • Some call it the future of education, others a capitalistic behemoth running amok with little concern for its customers. Either way, for-profit colleges have transformed the higher education landscape.
  • (Daily Aztec)
  • July 23 (Reuters) - Bridgepoint Education shares fell to a life-time low on fears that the for-profit education provider may lose federal funding as accreditation bodies become stricter in quality checks.
  • (CNBC)
  • A federal judge recently overturned federal regulations that would have denied federally backed loans to students attending colleges that graduated students with substantial debt and no job.
  • (YAHOO!)
  • Among them: tuition installment plans, zero-interest loans from colleges, home-equity loans publisher of FinAid.org, a for-profit website that tracks student loans.
  • (Wall Street Journal)
  • Phoenix, a giant among for-profit colleges, says its responding to the needs of the veteran workforce, offering practical training and skills.
  • (Los Angeles Times)
  • In just seven years, Ashford University has grown to be one of the nations largest for-profit colleges, morphing from a 300-student Catholic school in Iowa into a massive online institution serving more than 90,000.
  • (Huffington Post)

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