Week in Review

May/21/2015 - 9:24pm

Career College Central Summary:

A recent report by the New York Federal Reserve Bank seems to be saying that America’s household credit and debt are about as uneven as the nation’s economic recovery. A new economic analysis found fewer foreclosures, bankruptcies and credit card delinquencies. However, the rates of delinquent auto and student loans are worse …

May/20/2015 - 9:15pm

Career College Central Summary:

In the pursuit of prestige, revenue, and rankings, more public universities have turned to dangling merit-based scholarships to attract more out-of-state students, according to a report by the New America Foundation released earlier this week. The result: shortchanging both poor students, who are less likely to receive such aid, and students in …

May/20/2015 - 9:13pm

Career College Central Summary:

A for-profit college company that has been ordered to stop enrolling students with GI Bill benefits at its 15 California campuses says the action is unfortunate and unwarranted.

The California Department of Veterans Affairs temporarily suspended ITT Educational Services last week. State officials said they took the action because the Indiana-based chain had …

May/20/2015 - 9:08pm

Career College Central Summary:

Ed L. Schrader is president of Brenau University and a member of the Board of Trustees of the Southern Association of Colleges and Schools Commission on Colleges.

In this essay, he explains why he opposes a proposed federal rating system for colleges and universities.

By Ed L. Schrader

An eerie quiet in recent weeks seems …

May/20/2015 - 9:01pm

Career College Central Summary:

An online junior college sued the accrediting commission that shut it down two years ago, claiming the Higher Learning Commission closed it because of a "political agenda."

Ivy Bridge University fka Ivy Bridge College sued the Illinois-based Higher Learning Commission on May 14 in Federal Court.

It claims the commission shut it down because …

May/19/2015 - 7:43pm

Career College Central Summary:

A day away from crossing the stage at Montclair State University's graduation, Evangelia Stone reflects on her journey from community college, the "amazing" professors she met along the way and the $50,000 in student loans she took out to get a bachelors' in sociology.

Stone, the first in her family to graduate from …

May/19/2015 - 7:36pm

Career College Central Summary:

The struggle to protect students from potentially harmful for-profit college chains continued today as Illinois Senator Dick Durbin urged the Department of Education to investigate the business practices of three of the country’s largest propriety education companies – ITT Educational Services, Career Education Corporation, and Education Management Corporation.

In a letter [PDF] to …

May/19/2015 - 7:28pm

Career College Central Summary:

In January, president Barack Obama said that he wanted community college to be free for all Americans. Just now, Democratic president candidate Senator Bernie Sanders (I-VT), has proposed a bill to make all public higher education free. These proposals have come as college enrollment in the United States is declining, having peaked …

May/19/2015 - 7:13pm

Career College Central Summary:

Traditionally, education in India has been under the purview of government and private non-profits. It is based on the theory that fundamental purpose of an educational institution is to educate, not to make profit.

However, for-profit education-or proprietary education, is also gaining traction in the world at present. As per the data by …

May/18/2015 - 8:19pm

Career College Central Summary:

ITT Educational Services, one of the country’s largest for-profit college operators, has fallen into a financial and regulatory spiral that many observers say it is unlikely to emerge from. The company, which had 51,000 students as of March, is slowly running out of options to stay afloat.

Except, of course, for one: Enroll …

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