The shuttering of Ivy Bridge College could dump cold water on the online aspirations of some colleges, particularly ones that prefer to play it safe with their regional accreditor.
The Thunderbird School of Global Management, based in Arizona, announced in March its pending partnership with Laureate Education Inc. Several board members have since resigned, and alumni are protesting the alliance.
Names of the stakeholders chosen to rewrite the controversial “gainful employment” regulation beginning in September are starting to slip out. Some are prominent critics of the sector, indicating the Obama administration isn’t backing off from tightening regulations on vocational programs despite a court challenge to its last attempt.
Over the past ten years, I have watched a smattering of “for profit colleges” do just that – make money. Sadly, these “for profit” entities are raking in so much money while offering some of the worst educational outcomes to America’s most vulnerable students.
Private education stocks climbed on Thursday, led by share of Apollo Group Inc. (NYSE: APOL). DeVry, Inc. (NYSE: DV) ITT Educational Services Inc. (NYSE: ESI) and Corinthian Colleges Inc. (NYSE: COCO) also moved higher.
The U.S. Justice Department has ended its investigation into talks among the leaders of some private colleges about ways to encourage institutions to spend more on need-based aid and less on non-need-based aid.
The U.S. Education Department has named negotiators to a panel that will rewrite its controversial "gainful employment" rule, and for-profit colleges are feeling outnumbered.
Tucked into a defense-spending bill that the Senate Appropriations Committee approved on Thursday are a pair of provisions that would bar colleges from...
On the same day two of the state’s largest universities were coming together, tiny Dover Business College was merging with Berkeley College in a marriage of two of New Jersey’s for-profit schools.
On the night of Aug. 5, Andrew Rosen, the chief executive officer of Kaplan Inc., sent a memo to employees about the blockbuster news that their parent company, Washington Post Co., was selling its flagship newspaper.
Jennifer Kerr took a mighty leap of faith when she sued a for-profit college for misrep resenting what kind of degree she'd be earning and its value to her future. Her con tract with Vatterott Educational Centers Inc. had a provision that, should she sue and lose, Kerr would be responsible for Vatterott's legal costs.
Students served by for-profit colleges have been termed the “neediest” by USA Today. Or, as Dr. Tim Gramling explained in his SAGE Open article on the topic, “for-profits largely serve adult students who are not recent high school graduates but who still need a college degree.”
A federal panel will tackle one of most controversial college regulations in Education Department history next month. The rule was meant to ensure that graduates of for-profit colleges are getting jobs and repaying their loans, but it was struck down last summer after a court challenge — so the department is going back to the drawing board.
Altius Education, a for-profit company that runs Ivy Bridge College, announced late Thursday that Tiffin University, a nonprofit institution in Ohio, has been ordered by its accreditor to stop offering associate degrees through Ivy Bridge. Those degrees have been covered by Tiffin's accreditation by the Higher Learning Commission, which according to Altius said that the Ivy Bridge programs must end by October 20.
Kaplan Inc. has been both a savior and a sore spot for The Washington Post over the past decade. The sale of the newspaper to Amazon founder Jeff Bezos leaves the for-profit education company behind, its future uncertain.
Even as the Washington Post saw its circulation diminish and its advertising revenues evaporate in recent years, the paper's parent company could draw on a conspicuous center of growth -- a chain of for-profit colleges known collectively as Kaplan Higher Education.
This fall Grand Canyon University will have 8,500 students on its Phoenix area campus, and another 47,000 enrolled in on-line courses. It describes itself as a Christian university with a Christian Viewpoint. GCU operates as a for-profit institution without state assistance or subsidy. Although it has no football team, it has 22 teams competing in men's and women's sports. For the past 10 years GCU has competed at the Division II level, and will now move to Division I as it becomes a member of the Western Athletic Conference.
Kaplan’s fortunes are looking up. The education company no longer has to pick up the slack for The Washington Post, the venerable newspaper and loss leader that Kaplan’s corporate owner, the Washington Post Co., just sold off.
Yet Jay Bilas — former “student-athlete” and current ESPN broadcaster — called out the NCAA, just like he did Crow’s battle against for-profit universities like Grand Canyon University. Bilas went to the NCAA’s official website, typed in the surnames of various college stars and found he could buy their replica jerseys for as much as $179.95.
John Robinson, a local attorney and president of the Charleston School of Law Alumni Board, fondly remembers the closeness he enjoyed with faculty and fellow students as a member of the private law school's inaugural class of '07. With almost all of the courses being taught in a building on King Street, the students jokingly referred to the law school as a "one-room schoolhouse."
A federal appeals court has rejected a South Korean university’s lawsuit that had accused Yale University of acting negligently when it mistakenly confirmed that an art-history professor had earned a doctorate at the Ivy League institution.
Career Education Corporation will pay more than $10-million in a settlement with the State of New York to resolve an investigation into its misrepresentation of data about the job placements of its graduates.
The presidents of three Springfield-based colleges issued a joint statement on Tuesday, saying they will object to any "duplication of programs" if the University of Massachusetts locates a satellite campus in the city's downtown as proposed.
For-profit colleges like the University of Phoenix, whose tuition generally falls between state institutions and private not-for-profit universities, were the first to offer large online degree programs. But for-profit enrollment has declined because of the recession, increased government scrutiny and Congressional hearings finding that their students had low graduation rates and high loan default rates. And with so many traditional institutions now offering online degrees, the for-profit colleges may have a tougher time attracting students.
Woodbury-based Globe University must pay a former dean almost $400,000 in damages, a jury in her Washington County District Court whistleblower trial found Thursday.
Heitkamp, a member of the U.S. Senate Committee on Banking, Housing & Urban Affairs, said she is also concerned about the high percentage of student debt that is privately financed, and that about 47 percent of defaults on student loans come from students of for-profit institutions
A bill that would open the door to for-profit companies -- including unaccredited “fly-by-night” ones -- to offer courses in the name of a state’s colleges and universities is fraught with danger. A bill that would require a state’s colleges and universities to outsource their core educational function is truly misguided, however well-intentioned the idea may have been.
Students attending for-profit colleges are more likely to take out student loans than those who attend any other type of institution, according to new data released Monday by the Department of Education.
Private, for-profit colleges have joined the march of institutions that appear to be lowering their tuition as enrollment flattens out and families become increasingly price conscious.
Students at for-profit colleges were especially reliant on federal financial aid programs. More than three-quarters of students at for-profit colleges granting associate or bachelor’s degrees received federal student aid. And an additional 10 percent of students at for-profit colleges granting bachelor’s degrees received veterans’ benefits — a higher proportion than at public or private nonprofit colleges.
Across all sectors of the industry — public, private, and for-profit — there is the sense that online learning offers the greatest opportunity for future growth. For-profit universities such as the University of Phoenix and Strayer University were the first to truly embrace online, and their revenues soared as a result. Between 1998 and 2008, enrollment in U.S. for-profit colleges jumped by 236 percent, according to the independent advocacy group Education Trust.
A lot of people have been complaining that for-profit colleges are merely diploma mills only interested in earning money and not educating students. Is this true?
New York Attorney General Eric Schneiderman's office announced the agreement with Career Education Corp., settling charges it inflated job-placement rates
The Obama administration has had no shortage of spats (and some out-and-out warfare) with the for-profit sector of higher education. But typically administration officials outside the Oval Office have been the ones directly expressing views on the sector.
Over the past several months, the credit ratings of several prestigious liberal arts colleges have been downgraded or assigned a negative outlook by Moody’s Investors Service.
In 1999, only two private universities existed in Ghana. Now the country’s National Accreditation Board lists 43 private institutions offering degree programs, and most are Ghanaian-owned.
Clarkson University President Anthony Collins supports President Obama's "shake-up" for higher education and is confident about how the upstate New York research university will fare in the new scorecards for colleges and universities.
The cost of higher education as measured by private and public tuition has indeed risen at rates higher than inflation, roughly 4% per year for non-profit private tuition. And Obama is rightly focused on the middle class — incomes for upper income brackets have risen faster than the rate of tuition, so that for those groups the cost of tuition as a fraction of household income has actually come down.
Have you ever wondered how higher education is financed in other parts of the world? No matter what country you choose, you will find that the topic of financing higher education is a contentious one. Over the last decade, there has been a worldwide shift of the burden of higher education costs from governments and taxpayers to parents and students. This is much to the chagrin of parents of course.
President Obama took a swipe at law schools and for-profit colleges on Friday, the second day of his college bus tour, suggesting that legal education could be just as effective if it took two years rather than three, and assailing proprietary colleges that leave students in debt and ill prepared for a job.
Kentucky Attorney General Jack Conway said this week his office is in the process of going over documents provided by a for-profit college, in response to a subpoena.
Now, a group of schools known as "for-profit colleges" have come under fire for lying to students to get them in the door then sending them into the working world with what some call a worthless degree in addition to tens of thousands of dollars in debt.
If the Obama administration gets its way, for-profit colleges will soon face tighter, tougher regulations based on how much debt their graduates carry.