Apollo Group Inc., owner of the University of Phoenix and the biggest U.S. for-profit college, said net income in the fiscal third quarter slid 40 percent as new enrollment tumbled.
The Obama administration has resumed efforts to rein in abuses by for-profit colleges that leave students deep in debt and unable to find decent jobs, renewing a 2-year-old battle over regulations that has produced little more than bitterness and litigation.
The sort of people who go through business school, one might think, would have no problem with the idea of education being provided for a profit. But when Thunderbird, a struggling school based in Arizona, announced three months ago that it was planning a partnership with Laureate, an education company, there was uproar among its alumni and students. A petition calling for the deal to be halted has won almost 2,000 signatures. By “selling out”, Thunderbird’s management is diluting the school’s brand and cheapening its degrees, it says.
One of the more common complaints against for-profit colleges is that the institutions make promises to prospective students about job placement and salary that the schools don’t make good on. A woman in Missouri recently sued one such for-profit school, saying it misled her about its medical assistant program. She had been seeking somewhere between $2-4 million in damages, but the jury went ahead and awarded her $13 million.
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.
Once again, the United States Supreme Court will soon pass judgment on affirmative action as a factor in admissions in America’s most selective universities and colleges.
It may seem odd that a state with no shortage of public colleges is urging its citizens to consider a private school. Yet that’s exactly what Missouri is doing.
Muslim chaplains at private universities in the U.S. are attempting to spread understanding of mainstream Islam to counter stereotypes about the religion, a Muslim chaplain told Al Arabiya English this week.
Cedarville University took second place in the top 25 most affordable private Baptist universities with the highest starting salaries, according to a list compiled by AffordableCollegesOnline.org. The study noted the net price for a Cedarville degree at $20,807 compared to an average starting salary at $44,800.
Hawaii Pacific University has cut about 20 administrative positions to offset a drop in enrollment and amid a shift in priorities to raise the school’s profile to become one of the top 10 private universities serving the Western U.S., school officials said.
Columbia University has the highest tuition in the country, according to the federal government. The U.S. Department of Education’s (DOE) annual College Affordability and Transparency Center report examined public and private colleges and universities across the country and ranked them based on the cost of tuition and the net price of attendance.
Palo Alto University (PAU), a private non-profit higher education institution, announced today it is launching its bachelor’s degree completion program at College of San Mateo (CSM) starting fall 2013.
After hearing that William Peace University might put a large chunk of its $35 million endowment into neighboring real estate, I decided to take a look at other university endowments to see how they compare.
Napoleon Melton Jr., 30, never imagined he would receive a degree from a for-profit university. From his senior year in high school on, he had daydreamed about earning an MBA from a traditional program.
Harvard University once again had the most freshman Merit Scholars in 2007, according to calculations drawn from the National Merit Scholarship Corporation's annual report, which...