Because the media loves discussing Donald Trump, it wasn't surprising to see heavy press coverage of a lawsuit brought by New York Attorney General Eric Schneiderman accusing the unlicensed Trump University of "persistent fraudulent, illegal and deceptive conduct." Trump responded by harshly attacking Schneiderman, whose suit demands that Trump pay back at least $40 million to the 5,000 people who were enticed into paying $10,000 to $35,000 for real estate investment courses "that did not deliver on their promises." Trump University's sad broken promises included telling some students they would get a photo-op with the Donald, when all they got was a picture with a cardboard cutout. But the real fraud was convincing enrollees that the Trump-owned for-profit "university" would get them on the path to a successful career, which apparently didn't happen for many of them.
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.
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.
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?
Ashland University, a private institution in Ohio, is joining a small but growing group of colleges that have sharply cut their tuition while also reducing the amount of institutional aid they offer, to come up with a sticker price that’s closer to what students actually pay. That strategy is one of many that smaller institutions are exploring to try to ease concerns about college costs and shore up enrollments.
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.
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.
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.
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.