Week in Review

Sep/12/2008 - 8:17am

CCA called on California governor Arnold Schwarzennegger to veto SB 823, legislation to regulate career colleges in the state.

CCA agreed that a regulatory oversight regime is needed to protect the interests of students and noted that it supports reasonable regulation. In the letter, CCA President Harris N. Miller noted, however, “…SB 823 would impose a regulatory regime on career colleges that is complex, costly, confusing and ultimately counterproductive. CCA member schools operate in all 50 states and Puerto Rico, and, without doubt, I can tell you that if SB 823 becomes law, California will have the most complex and convoluted regulatory scheme in the country.”

The Association placed problems with the bill into four major categories:

Sep/12/2008 - 7:49am

BeautySchool.com has turned over a new leaf – and this time, it’s all about going green. Since undergoing an extensive redesign earlier this year, the site has made a commitment to provide sound, useful information on "going green" and using eco-friendly beauty products.

The "Highlights" section of the site …

Sep/10/2008 - 8:22am

Nelnet Inc., GMAC Bank and EduCap Inc. were among seven student-loan companies that settled with New York Attorney General Andrew Cuomo over allegedly deceptive marketing.

The companies agreed to new standards that ban solicitations designed to look like they were from the government; prohibit advertising interest rates unavailable to most of …

Sep/10/2008 - 8:17am

Opinions on the impact of New York Attorney General Andrew Cuomo’s investigation into the student loan industry (which reared its head again Tuesday — see related article) vary widely. Supporters champion it as having shined a light on sleazy practices in which some lenders and colleges engaged, and as ultimately helping …

Sep/09/2008 - 7:56am

Students at colleges and universities using eCollege now have seamless access to audio, video and other online class resources, under the terms of an agreement with Cdigix, the leading provider of ric

Sep/09/2008 - 7:46am

Indiana Business College, its name notwithstanding, plans to open a campus in Columbus, Ohio.

Sep/08/2008 - 10:44am

Laureate Education, Inc. has named Neal Cohen president and chief operating officer. He will report directly to Douglas Becker, chairman and chief executive officer of Laureate Education.

Sep/08/2008 - 8:39am

As classes resume this fall, nearly 2 million college students will be attending school without leaving home.

Sep/08/2008 - 8:36am

Education stocks are considered a safe play in a bad economy, the theory being that laid-off workers will head back to school to learn new skills and fill in the hours between job applications.

Sep/08/2008 - 8:20am

The outlook is bleak for those fresh-faced college kids trying to get ahead because many of them will not be able to get student loans this year.

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