On Tuesday, Gov. Rick Scott's offices sent out a news release that declared, "Gov. Scott Announces Anthem Education Expansion in Fort Lauderdale, 70 New Jobs."
The for-profit education industry is becoming a contrarian hotbed after the Department of Education's initial round of rule-making for the industry was not as strict as many investors had anticipated. However, the companies' reliance on Title IV funding is sure to sink them in the long run.
Fewer students are paying the full sticker price at private nonprofit colleges than ever before, with the average freshman getting half of his or her tuition and fees covered by the school, according to a new study released Monday by the National Association of College and University Business Officers.
The number of students committing to private colleges is declining due to tuition spikes. In order to keep their classrooms full, private schools are offering more financial assistance to students.
But in Augusta, it’s the for-profit private schools that are raking in taxpayer dollars, charging a tuition that in some cases is five times higher than the area’s larger public universities and colleges.
Private U.S. colleges, worried they could be pricing themselves out of the market after years of relentless tuition increases, are offering record financial assistance to keep classrooms full.
Faced with a growing number of families struggling to cover college costs, private colleges and universities are dispensing college scholarship awards at record levels.
Northwestern College will start going by a more accurate name this summer, its leaders say. The 110-year-old Christian school will become the University of Northwestern-St. Paul in July.
The result is that poorer families face a chasm between what they can afford and what they are being charged. Nine of 10 private colleges charge students whose families earn $30,000 or less a net price of more than $10,000; three of five charge those students more than $15,000.
A national study singled out the University of Miami for not giving enough financial aid to low-income students while shifting most of its scholarship dollars to high-achieving students with higher family incomes.
Small cap for-profit education stock Career Education Corp. (CECO) has one big advantage over both public and private schools plus it may have made a key reversal on the charts.
A few elite institutions at both the grade-school and college levels are doing better than ever. But their health conceals the collapse of private-sector options in the U.S.
The biggest drops occurred among adult learners attending for-profit colleges and public community colleges, which are most likely to enroll students in vocation-oriented classes tied to the local job market. Enrollments at those institutions fell 8.7% and 3.6% respectively.
In recent years, merit-based scholarships have surpassed those awarded based on financial need at both public and private colleges, according to a report released last week by the New America Foundation, a nonprofit, nonpartisan public policy institute.
In Tennessee, Berry College says, if you try to put up a billboard, you will be treated as if you were operating a college in the state. The college sued the Tennessee Higher Education Commission on Monday, charging it with illegal discrimination against out-of-state institutions and infringement on interstate commerce.
According to recent surveys by the Chronicle of Higher Education, 35 private university presidents and 4 public university presidents topped $1 million in total earnings during the 2011-2012 fiscal year.
It is high school graduation season. Many of the new grads are among the 1 million people who will walk into a so-called "for-profit school" like Sanford Brown. As NewsChannel 5 I-Team reporter Farrah Fazal discovered, they may walk out with a piece of paper that is worthless.