Week in Review

Jun/22/2015 - 7:43pm

Career College Central Summary:

 

If you're one of the 43 million Americans burdened by student loan debt, then you know that repaying your loan isn't fun.

So what if you just stopped?

That's what author Lee Siegel recently proposed in his controversial New York Times op-ed "Why I Defaulted on My Student Loans." He wants borrowers to stop …

Jun/22/2015 - 12:52am

Career College Central Summary:

The for-profit education sector performed dismally the last couple of years on lower student demand, regulatory restrictions, serious threats to federal funding, intense scrutiny at all levels and a competitive environment.

For-profit schools are much more expensive than a community college. The cost of education in a for-profit college can sometimes be almost …

Jun/22/2015 - 12:49am

Career College Central Summary:

The U.S. Department of Education is opening what could be a very large (and, for taxpayers, expensive) door to debt relief. As the department ponders its standard for forgiving loans, potentially tens of thousands of borrowers could seek relief from repaying tens of billions of dollars in debt.

Student loans are a high-profile …

Jun/22/2015 - 12:43am

Career College Central Summary:

DEAR HARRY:

I guess I'm the kid everyone knows who came from the hood, never got into any real trouble, tried hard to get a good education, but couldn't get into college.

I'm a two-time loser, because neither my grades nor my entrance exams were good enough. The result was that I let myself …

Jun/22/2015 - 12:38am

Career College Central Summary:

Democratic presidential candidate Hillary Clinton laid out her four top campaign priorities Thursday in Reno at a town-hall meeting about veterans issues at the historic VFW Post 9211.

It was Clinton's second Nevada stop of the day. Earlier, Clinton spoke on the Las Vegas Strip at the National Association of Latino Elected and …

Jun/19/2015 - 12:24am

Career College Central Summary:

Hillary Clinton announced on Thursday a new plan intended to stop for-profit colleges from fleecing veterans who use federal G.I. Bill funds to attend school.

Speaking before a roundtable with veterans in Reno, Nevada, Clinton focused her remarks on the so-called 90-10 rule. The rule requires for-profit colleges to accept at least 10% …

Jun/19/2015 - 12:18am

Career College Central Summary:

For its most recent hearing on the reauthorization of the Higher Education Act (HEA), the Senate Health, Education, Labor, and Pensions (HELP) Committee delved into accreditation ? what it is and how it might be improved. A number of accrediting bodies in the United States have come under scrutiny in the past …

Jun/19/2015 - 12:10am

Career College Central Summary:

The Department of Education’s long-awaited gainful employment rules – aimed at reining in the for-profit college industry – go into effect on July 1. But just because there are only 14 days before implementation, doesn’t mean those opposed to the regulations are giving up their fight.

The House Appropriations Committee on Tuesday released …

Jun/19/2015 - 12:03am

Career College Central Summary:

The year 2009 was a year of big changes for me. I graduated with my M.A. in Professional Writing. My husband and I moved across the country from Georgia to California. And the economy fell off a cliff.

I know what you’re thinking. Someone with a degree in “Professional Writing” should probably expect …

Jun/17/2015 - 8:22pm

Career College Central Summary:

A spending plan released by a House committee Tuesday would prevent the Obama administration from moving forward with new regulations limiting the amount of debt students can carry in career-training programs, two weeks before the rules take effect.

For nearly six years, administration officials have fought to institute regulations to protect students from …

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