Week in Review

Jun/11/2015 - 8:44pm

Career College Central Summary:

Two former employees claim in a lawsuit that the University of Phoenix made recruiters lie to prospective students about credits, attend military job fairs to recruit secretly and work without overtime pay.

Marlena Aldrich and Kristen Nolan filed a class action against The University of Phoenix Inc. in Jefferson County, Ky. court on …

Jun/10/2015 - 11:30pm

Career College Central Summary:

The head of the Senate committee in charge of education legislation said Tuesday that he'd like to block two of the Obama administration's key efforts to ensure colleges serve students well.

Sen. Lamar Alexander, a Tennessee Republican, said at a National Journal event that he doubts the Education Department will ever figure out …

Jun/10/2015 - 11:23pm

Career College Central Summary:

TRANSCRIPT

Press Call on Student Borrower Protections, Assistance

June 8, 2015

2 p.m. ET

Coordinator:          Welcome and thank you for standing by.

At this time, all participants will be on a listen-only mode until the Q&A session of today's conference. The time to ask a question, press Star 1 on your touchtone phone and record your name.

This …

Jun/10/2015 - 10:59pm

Career College Central Summary:

Senator Elizabeth Warren chastised the US Department of Education for what she says is a failure to enforce federal higher education rules at the expense of millions of students victimized by questionable for-profit colleges and student loan servicers.

In a speech delivered Wednesday afternoon, Warren, a Massachusetts Democrat, called on the Education Department …

Jun/10/2015 - 10:51pm

Career College Central Summary:

It doesn’t really get much more clear than this.

The Obama administration’s decision to effectively forgive the student debts of tens of thousands of students who attended schools run by the now-bankrupt for-profit education company Corinthian Colleges may be the first step to admitting that America’s experiment with for-profit higher education is a …

Jun/09/2015 - 11:16pm

Career College Central Summary:

The federal government will forgive the debt of thousands of former students of Corinthian Colleges, the Obama administration said Monday as it announced a new debt relief plan that will extend to all federal borrowers who can prove they were defrauded by their college.

U.S. Department of Education officials unveiled a series of …

Jun/09/2015 - 11:13pm

Career College Central Summary:

The Department of Education’s announcement Monday of new debt-relief measures for defrauded former students of Corinthian Colleges, a large for-profit education company that is now in bankruptcy, raised a host of questions about how broadly those provisions would apply, what students would have to do to have their loans forgiven, and how …

Jun/09/2015 - 11:10pm

Career College Central Summary:

U.S. taxpayers are about to pay a lot of money to atone for Corinthian College’s sins. Monday, the Department of Education announced that it would forgive debts belonging to thousands of former students who attended the for-profit education chain, which tumbled into bankruptcy last month after a long and predatory run.

This is …

Jun/09/2015 - 11:00pm

Career College Central Summary:

Already as a young man, Johnathan Edwards has overcome many life obstacles. At the age of two, his mother and two brothers passed away in a house fire. At the time, Johnathan was staying with his grandmother, who passed shortly after the tragedy. A guiding star in his life, his aunt raised …

Jun/08/2015 - 6:15pm

Career College Central Summary:

The collapse of the controversial for-profit Corinthian Colleges left 16,000 students without degrees that many took on debt to complete, and hundreds of others fighting for the government to forgive debt they are struggling to repay.

Now the government is taking steps to make it easier for those students to get debt relief. …

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