Week in Review

Jul/06/2015 - 7:00pm

Career College Central Summary:

 If you’re reading this, “college” may connote a very expensive, four-year residential institution where one comes of age, acquires what one hopes will become an impressive lifelong credential and a network of useful friends, and learns at least something of the liberal arts. But this version of college represents a tiny and …

Jul/06/2015 - 6:50pm

Career College Central Summary:

It's time to ask: When the Department of Education refuses to enforce its own laws, who pays the price? Right now, the answer is simple: hundreds of thousands of students around the country. It's time for that to change–but it won't if Secretary Duncan keeps blaming Congress for his own Department's failures.

According …

Jul/06/2015 - 6:45pm

Career College Central Summary:

As college gets more expensive and wages for computer programmers skyrocket, more people are turning to intense coding bootcamps and online course providers to improve their job prospects without getting buried under debt. And they might get some unexpected funding help soon: The Department of Education is planning to experiment with letting …

Jul/05/2015 - 10:24pm

Career College Central Summary:

When American politicians laud free college plans overseas, they tend to identify European countries, such as Germany or Sweden, as noteworthy examples.

Not as commonly discussed, Brazil also offers free college to its citizens, and its free colleges are actually more prestigious than the private institutions that charge tuition.

Brazil's public colleges, known as …

Jul/05/2015 - 10:18pm

Career College Central Summary:

The popular idea of what retirement involves, as long as you’re healthy enough to enjoy it, can sound a bit like an extended vacation: golfing, fishing, sitting around drinking iced tea while discussing the latest books with a group of like-minded friends, traveling to visit the grandchildren or places you’ve always yearned …

Jul/05/2015 - 10:09pm

Career College Central Summary:

How did trade schools go from being mom-and-pop shops that trained mechanics and hair stylists to making billions on Wall Street? And if the industry is as predatory as the Education Department and many lawmakers suggest, why didn't they stop it?

In 1990, there wasn't a single publicly traded college. Now, there are …

Jul/05/2015 - 10:01pm

Career College Central Summary:

For-profit colleges have been controversial for a while. Thousands of students were going deep into debt to take courses of sketchy creditability. And earlier this year, one of the most notorious for-profits shut down, displacing 10,000 students.

It was the largest failure in for-profit higher education. Senator Elizabeth Warren–who's known for fighting for …

Jul/01/2015 - 4:31pm

Career College Central Summary:

The US District Court for the District of Columbia on Tuesday ruled in favor of tight regulations pointed at the for-profit college industry. The court ruled that the Education Department has the right to demand that schools show that their graduates are financially dependent enough to repay their student loans. Fraudulent colleges …

Jul/01/2015 - 4:24pm

Career College Central Summary:

Apollo Education Group’s stock price dropped and ratings analysts advised stockholders to sell following the company’s release of its third quarter earnings report.

TheStreet Ratings Team calculates a drop in earnings per share of about 307% since the same quarter of last year — stockholders now earn 44 cents per share.

Net Income, from …

Jul/01/2015 - 4:19pm

Career College Central Summary:

New U.S. Dept. of Education rules that take effect today are putting about 1,400 college programs at risk of losing eligibility for receiving federal student financial aid. The new rules could accelerate the ongoing closures of for-profit colleges across the country.

The for-profit education business has been under fire for several years as …

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