Salary increases for tenured and tenure-track faculty in 2012 matched the rate of inflation in 2012, but those working at private institutions fared better than the inflation rate compared to their colleagues at public schools whose pay increases failed to keep pace.
On Friday, prosecutors in Miami charged the politically-connected CEO of for-profit Dade Medical College, Ernesto Perez, with the felony charge of providing false information through a sworn statement, plus two misdemeanor counts of perjury.
Bridgeport Education (NYSE:BPI) is a holding company that operates for-profit colleges Ashford University and University of the Rockies with both live and online classes. Though the company has seen criticism for its recruiting practices, it remains profitable.
For-profit colleges expand access to higher education for some students who might not otherwise attend college, but the payoff can be meager. In fact, graduates of for-profit colleges' two-year programs earn about the same as those who ...
A U.S. Senate Committee last year castigated the for-profit world of higher education for excesses in recruiting and for too often providing a path to debt and failure rather than opportunity.
A federal judge has granted class action status to a lawsuit charging that TIAA-CREF wrongfully retained investment income from the accounts of instructors at private colleges and universities around the country.
For many private colleges in the Northeast at least, changing demographics have compelled them to focus on new groups of potential students to starve off decline. First Generation Students (FGS) seem to many of these college's as magic bullets of sorts. If only they could attract FGS in enough numbers, keep them enrolled, maybe their financial woes would be solved. Now, many schools seek these students out for noble causes, for all the right reasons, and try to serve them well. But, still research shows that retaining these students is still a challenge.
Because the media loves discussing Donald Trump, it wasn't surprising to see heavy press coverage of a lawsuit brought by New York Attorney General Eric Schneiderman accusing the unlicensed Trump University of "persistent fraudulent, illegal and deceptive conduct." Trump responded by harshly attacking Schneiderman, whose suit demands that Trump pay back at least $40 million to the 5,000 people who were enticed into paying $10,000 to $35,000 for real estate investment courses "that did not deliver on their promises." Trump University's sad broken promises included telling some students they would get a photo-op with the Donald, when all they got was a picture with a cardboard cutout. But the real fraud was convincing enrollees that the Trump-owned for-profit "university" would get them on the path to a successful career, which apparently didn't happen for many of them.
Beginning in the 1970s, Apollo Group, Inc. founder, John Sperling, pioneered an unprecedented growth of the for-profit education industry in the United States, from a sleepy group of privately owned trade schools, to today's more behemoth publicly traded operators.
US policymakers should not overlook the positive aspects of for-profit colleges, a study has argued. The report from the Manhattan Institute for Policy Research, a right- leaning thinktank based in New York, says that politicians - and journalists - are too quick to highlight for-profits’ poor graduation levels, higher loan default rates and patchy graduate employment record, while overlooking their strengths.
A common lament about higher education is that it has become more of a private good than a public one, with students as consumers and colleges as businesses focused on hawking their product. But that model won’t cut it anymore, at least not for the nation’s largest regional accreditor, which in January redefined what an institution’s philosophical bottom line should be.
Ernesto Perez has resigned as president and chief executive officer of Dade Medical College, a for-profit institution in Florida, less than a week after prosecutors charged him with perjury and providing false information through a sworn statement, according to reports by The Miami Herald and the South Florida Business Journal.
American Civil Liberties Union said it is suing the state of New Jersey over two grants to private colleges that exist solely to train rabbis and priests.
Adjuncts at Pacific Lutheran University in Washington have the right to vote on whether to unionize, a regional National Labor Relations Board officer has ruled.
At the University of Evansville, a private institution in Indiana, tuition for students who enter next fall will be the same ($29,740) as it is now. And the price will be locked in for the four years those students are in school; the price also will be locked in for current students as they finish their bachelor’s degrees.
U.S. News & World Report has moved Tulane University’s business school to the “unranked” section of its business-school listings after the school’s recent admission that it had inflated test scores and the number of completed applications to its full-time M.B.A. program for several years.