Week in Review

Jun/17/2015 - 8:13pm

Career College Central Summary:

Universities have large development or “advancement” departments to raise money, a significant portion of which at most schools goes into an endowment fund. The latest numbers from the National Association of College and University Business Officers (NACUBO) show American universities have over $516 billion in endowments, or more than $25,000 for every …

Jun/17/2015 - 8:09pm

Career College Central Summary:

Sen. Elizabeth Warren (D-Mass.) took on the student debt crisis in a wide-ranging interview with The Huffington Post, calling for a federal response to sky-high tuition rates that would allow anyone to attend a public university without taking on debt.

"Keep in mind that three out of four college students today are in …

Jun/17/2015 - 7:28pm

Career College Central Summary:

 The practices of for-profit career colleges — and claims that some rip off students and taxpayers — are coming before Congress again, this time with a threat that could cost the colleges money.

U.S. Sen. Sherrod Brown wants to make it impossible for any college to use federal money for marketing, advertising or …

Jun/16/2015 - 8:02pm

Career College Central Summary:

A proposal to suspend the licenses of for-profit colleges whose students have high numbers of loan defaults died despite bipartisan support in the Senate.

Florida lawmakers have rejected a proposal that would have cracked down on the worst-performing for-profit colleges by suspending their licenses to operate and kicking them out of state financial …

Jun/16/2015 - 7:59pm

Career College Central Summary:

Were you worried that the Republican presidential field just wasn't big and quirky enough, didn't include enough people jabbing at Jeb Bush for being a Common Core champion … or enough people with a strong connection to Bret Michaels?

Well, breathe a sigh of relief. Real estate developer Donald Trump is joining the …

Jun/16/2015 - 7:51pm

Career College Central Summary:

Business is booming in Brazil for DeVry Education Group, an Illinois-based, publicly traded for-profit education company.

DeVry reports that it enrolls more than 58,000 degree-seeking students in Brazil, plus another 53,000 students in test preparatory programs there. According to the company’s latest earnings report, released in April, revenue for DeVry’s Brazil division grew …

Jun/16/2015 - 7:48pm

Career College Central Summary:

The U.S. Department of Education has announced that it plans to forgive the federal loans of thousands upon thousands of students who attended Corinthian Colleges, only to be the victims of institutional behavior that left them without certificates of class completion, unable to get jobs and drowning in debt.

It’s the right thing …

Jun/15/2015 - 9:04pm

Career College Central Summary:

Former Florida Gov. Jeb Bush will announce his candidacy for president on Monday, but many conservatives have continued to raise questions about whether or not his position on Common Core will hurt him in 2016.

After former Arkansas Gov. Mike Huckabee and New Jersey Gov. Chris Christie announced their opposition to Common Core, …

Jun/15/2015 - 9:00pm

Career College Central Summary:

An edited transcript of the conversation follows.

Knowledge@Wharton: Before we talk about the book itself, I wonder if I could ask you a quick question about the title. Normally when people talk about the most important financial decision of their lives, I’ve heard them talking about buying a house. Why is college number …

Jun/15/2015 - 8:56pm

Career College Central Summary:

Members of the military transitioning back to civilian life face a bewildering array of colleges at which to use their hard-earned G.I. Bill benefits. Many claim to be “veteran friendly,” but are they?

Numerous organizations publish annual lists ranking the most military-friendly schools. Military Times publishes the best-known list, but it is also …

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