The Career Education Corporation, one of the country's biggest for-profit higher-education companies, disclosed last month that the U.S. Department of Education had put a freeze on approving new applications for additional campuses or acquisitions while it examines the company's financial records and compliance with federal student-aid regulations.
In an apparent first, the for-profit higher-education industry has begun collecting data on the salaries of its college administrators. Last month, at the Career College Association's annual meeting here, it released some of the initial findings -- with some strong caveats.
If you had typed "Grantham University" into Yahoo's search engine last week, what would have appeared at the top of the page, above the actual search results, was not a link to Grantham's Web site but an ad for the University of Phoenix -- a "sponsored result," in search-company parlance. Sponsored links to other companies offering online-degree programs also appeared to the right.
Many for-profit colleges do not make their students' job-placement or program-completion rates readily available, or else give out inflated numbers, according to a report by the National Consumer Law Center.
In an apparent first, the for-profit higher-education industry has begun collecting data on the salaries of its college administrators. Last month, at the Career College Association's annual meeting here, it released some of the initial findings -- with some strong caveats.
A Japanese university has filed for bankruptcy protection, citing a decline in its enrollment. The case, the first of its kind, could mark the start of a trend in Japan, where the birthrate -- and, along with it, the pool of college-age students -- has steadily shrunk for more than a decade.