ITT Educational Services (ESI) provides technology-oriented undergraduate and graduate education through its ITT Technical Institutes and Daniel Webster College.
American Commercial Colleges Inc. has agreed to pay the United States at least $1-million over the next five years to settle a whistle-blower lawsuit accusing it of defrauding the government, the U.S. Department of Justice announced on Friday.
The latest enrollment figures from for-profit colleges suggest that damning publicity over their business practices, as well as tighter government regulations that followed it, has done deep and long-lasting damage to the industry. Forecasts for the five biggest publicly-traded schools now call for revenue declines to continue at least through fiscal 2014. Share prices are down between 32% and 86% in the past two years, turning some once-heady investments into major losers, as seen in a stock chart.
Developers seeking city financing for projects that include for-profit colleges will face new standards under a proposal recommended for approval Tuesday by the Milwaukee Common Council's Zoning, Neighborhoods and Development Committee.
Corinthian Colleges operates in an industry criticized for deceptive marketing and low graduation and job placement rates. Why would two respected public figures join its board?
Attorney General Lisa Madigan today urged U.S. Secretary of Education Arne Duncan to strengthen oversight of for-profit colleges and filed comments with the Department of Education in support of requiring schools to ensure students can pay off their loans and to make more accurate and complete disclosures about their job placement rates.
The state of student debt in California, especially at public universities, is better than the rest of the country. That doesn’t mean the situation is manageable for all student borrowers.
The cost of college here in the Hub is on the rise. Before you start the hemming and hawing, however, the “good news” is this: school officials are calling these increases among the lowest in recent history.
With nine Ford Family Foundation scholarship recipients bound for George Fox University in the fall, the Newberg, Ore., school ranks No. 1 among privates in attracting students who earned the highly competitive scholarship.
A state bill to increase grant aid to middle-income college students would ease student debt burdens and benefit the region, the presidents of three local private colleges and the head of a state association of independent schools said during a Times-Tribune editorial board meeting on Thursday.
Northwestern College, the second oldest private, two-year college in Illinois, announced that its Board of Directors this past quarter voted not to increase tuition for the 2013-2014 academic year. This is the second year in a row that the Board has chosen not to increase tuition, despite a challenging economic climate. Consequently, the costs per credit hour in the upcoming year will remain the same as those assessed two years ago during the 2011-2012 academic year.
Local colleges and universities are hiking tuition costs by an average of 3 to 4 percent for next year, with some school officials calling the increases among the lowest in recent history.
When Danielle Powell signed a statement agreeing to follow the rules outlined in the student handbook at Grace University, a small Bible college in Omaha, she had never dated a woman and had no particular plans to do so. As such, the prohibition on “sexually immoral behavior” including "homosexual acts" did not seem like an issue.
Singapore’s first US-style liberal arts college in collaboration with Yale University, set up at the National University of Singapore (NUS), has selected its first cohort of 157 students to start in August – after sifting through 11,400 applications from over 130 countries – the college announced last week.
Apollo Group Inc (NASDAQ:APOL), the for-profit education company that is the parent of University of Phoenix, looks like a great deal on the surface. At 7.9 times TTM earnings and over $1.2 billion in net cash, it almost looks like a “too good to be true” situation. It is. The company’s business model is no longer viable and I believe that Apollo’s recent downsizing efforts are just the beginning.
The Milwaukee Common Council on Tuesday unamimously approved standards for for-profit colleges and for developers who seek to use for-profit colleges to anchor property developments.
Mitch Daniels is agnostic on the various delivery modes of higher education or the tax status of colleges offering them, as long as students are getting a quality education at an appropriate price.
Two Democratic senators used a Congressional hearing on Wednesday to condemn for-profit colleges as preying on active members of the armed forces to receive federal tuition aid by increasing enrollments but ignoring academic quality.