Week in Review

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 …

Jun/15/2015 - 8:52pm

Career College Central Summary:

During her first two years at Berkeley College, Nicole Vargas had to pay for school without any help from her parents, she said.

So Vargas, the first in her family to attend college, said she worked two jobs and commuted more than an hour between her home in Frenchtown and full-time classes in …

Jun/14/2015 - 9:07pm

Career College Central Summary: 

A top executive of bankrupt Corinthian Colleges Inc on Friday detailed the for-profit higher education company's executive pay and recent financial dealings, as creditors began the hunt to find money to repay what they are owed.

Corinthian Chief Financial Officer Robert Owen spent four hours in a windowless government conference room discussing under …

Jun/14/2015 - 9:03pm

Career College Central Summary:

In a breathtaking acknowledgement the federal government bears some responsibility for college quality, the Obama administration announced this week that it will forgive the federal student loan debt of up to 350,000 Corinthian College students at a taxpayer cost of as much as $3.5 billion. Corinthian, the for-profit corporate parent to Heald …

Jun/14/2015 - 8:57pm

Career College Central Summary:

This week Sen. Elizabeth Warren, who has made student loan reform a personal cause since arriving in Washington, outlined her plan to help more Americans graduate from college "debt-free." The gist: Make loans themselves cheaper (some kids are inevitably going to borrow), give more money to colleges to keep tuition down, and …

Jun/14/2015 - 8:50pm

Career College Central Summary:

Embattled for-profit educator ITT Educational Services Inc. reported on Friday a jump in profit in its March quarter as its shrinking footprint translated into lower expenses, sending shares soaring in morning trading.

Shares of the company, down 43% this year, jumped 31% to $5.45 a share.

ITT said the delayed filing brings it up-to-date …

Jun/11/2015 - 9:05pm

Career College Central Summary:

It’s no secret that former U.S. Labor Secretary Robert Reich has some misgivings about the direction of the American economy. But the prolific writer, radio commentator and longtime University of California, Berkeley professor isn’t thrilled about how we are educating our kids, either.

As part of a new project with the activist group …

Jun/11/2015 - 8:59pm

Career College Central Summary:

This week, the Obama administration made a bold move in the ongoing saga over the country's $1.2 trillion student debt crisis.

Back in April, Corinthian Colleges Inc., one of the biggest names in the for-profit college industry, collapsed after a long investigation into bogus advertising of job prospects and illegal debt-collection tactics. That …

Jun/11/2015 - 8:50pm

Career College Central Summary:

Progressive Democrats rallying behind a national bipartisan goal of debt-free college who have received love from half of 2016’s Democratic presidential hopefuls had a firm message to Hillary Clinton: It’s your move.

Washington, DC – infoZine – Scripps Howard Foundation Wire – Armed with over 400,000 petition signatures and more than 70 congressional …

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