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EDUCATION DIVE: PRO Students Act would add new regulation to for-profits

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New legislation presented in Congress aims to limit the for-profit college industry with new financial regulations, additional record-keeping requirements, and a stronger set of sanctions for violations.

Business Insider reports the PRO Students Act would require for-profit colleges to get at least 15% of their revenue from sources outside of federal student aid …

HUFFINGTON POST: Would Jeb Bush Put an End to the Student Loan Crisis?

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For Jeb Bush, former Republican Governor of Florida and heir apparent to the Bush dynasty, an official presidential campaign announcement is all but certain. With an extensive reservoir of financial and political capital, many believe he has already cultivated a strong sense of inevitability as a front-runner for the republican presidential nomination …

INSIDE HIGHER ED: Heald College Must Close

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The U.S. Department of Education on Tuesday fined Corinthian Colleges nearly $30 million for misrepresenting job placement rates at its Heald College chain, which officials said the troubled for-profit education company must now begin the process of closing.

Department officials said the Corinthian-owned Heald, which mostly operates in California, provided inaccurate information about …

BLOOMBERG: Corinthian Fined $30 Million for Inflating Job Figures

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The U.S. Education Department fined Corinthian Colleges Inc., the for-profit education chain, $30 million for misrepresenting job-placement rates to current and prospective students.

Corinthian’s Heald College misstated 947 placement rates that inflated the employment prospects of graduates, the agency said.

Heald, a chain of business schools, paid temporary agencies to hire its graduates to …

FOX 17: West Michigan student joins nationwide debt strike; refuses to pay student loans

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A woman who attended Everest Institute in Grand Rapids is now refusing to pay her student loan debt, claiming the for-profit college misled students.

Mallory Heiney is part of the Corinthian 15, a national group raising awareness about America’s student loan debt crisis.

At 21 years old, she has nearly $30,000 in student loan …

STUDENT PULSE: The Cost of For-Profit Education: How Much is Your Degree Really Worth?

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On March 14, 2014, the United States Department of Education released to the public a Notice of Proposed Rulemaking through which the administration is making known its proposal to amend federal regulations for addressing the issue of whether several post-secondary educational program offerings are appropriate in preparing students for gainful employment in …

MAINT STREET: For-Proft College Gainful Employment Rules Are on the Block in Congress and the Courts

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The drive to weaken government oversight of higher education by the Republican-dominated Congress kicked off last week during the first meeting of the Senate Committee on Health, Education, Labor and Pensions (HELP) since the midterm elections, with student advocates arguing for oversight.

Gainful employment rules are a threat to for-profit colleges, who depend …

U.S. NEWS & WORLD REPORT: 6 Answers for Consumers About the New Gainful Employment Rule

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?The U.S. Department of Education has once again issued a final set of gainful employment regulations. If this sounds familiar, it’s because the department has issued final gainful employment rules in the past too, only to have most of them dismissed in court as a result of a lawsuit filed by an …

National College Student Success Story: Ashley Derry

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Student Success Story: Ashley Derry

For Ashley Derry, a 2007 graduate of the Danville, Kentucky Campus, being a “people person” is vital to her job working as the assistant food and beverage director of Danville Country Club.

“I’m really great with people. We have 297 members here, and I know everybody by name,” she said with a …

Bill Maher Targets Rep. John Kline

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HBO host Bill Maher is targeting U.S. Rep. John Kline as the Republican lawmaker he wants to oust from Congress in his "Flip a District" challenge.

The comedian and political satirist announced the "winning loser” during a live broadcast of HBO's "Real Time with Bill Maher" in Washington, D.C., on Friday. “John Kline …

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