Week in Review

Apr/14/2015 - 7:50pm

Career College Central Summary:

The U.S. Education Department fined Corinthian Colleges Inc., the for-profit education chain, $30 million for misrepresenting job-placement rates to current and prospective students.

Corinthian’s Heald College misstated 947 placement rates that inflated the employment prospects of graduates, the agency said.

Heald, a chain of business schools, paid temporary agencies to hire its graduates to …

Apr/14/2015 - 7:44pm

Career College Central Summary:

At 28, Michael Adorno got fed up with his low-wage job at a pizzeria in Richmond Hill, Georgia, and decided to go to college. Adorno attended the for-profit Everest College, part of Corinthian Colleges Inc., in Colorado Springs, Colorado, from 2010 to 2012, and he received an associate degree in network administration. 

Three …

Apr/14/2015 - 7:37pm

Career College Central Summary:

Hillary Clinton said community college should be free during a roundtable with students in Iowa on Tuesday.

“I fully support President Obama’s plan to make community college free,” the newly announced presidential contender said at Kirkwood Community College, the first official stop of her campaign.

Clinton, who is casting the first part of her …

Apr/14/2015 - 7:33pm

Career College Central Summary:

Education Management Corp. CEO Edward West will keep his job despite a purging of the company's board as new owners take over at the troubled operator of for-profit colleges.

Downtown-based EDMC said Tuesday it had finalized a restructuring deal to wipe out $1.3 billion in outstanding debt in exchange for giving lenders a …

Apr/13/2015 - 11:32pm

Career College Central Summary:

Corinthian Colleges Inc. says a lawsuit by California Attorney General Kamala Harris — and her decision to make any future buyers liable for its outcome — is limiting California campuses’ marketability.

Inside Higher Ed reports that the for-profit education company needs to find a buyer in the next several weeks or it could …

Apr/13/2015 - 11:23pm

Career College Central Summary:

Need to learn Spanish, HTML code, or InDesign? Soon, you can take a course on LinkedIn.

The Mountain View, Calif.-based company announced it is acquiring lynda.com, an educational website that produces instructional videos on business, technology, and creative skills. The deal, worth $1.5 billion, indicates a growing financial interest in edtech, and marks …

Apr/13/2015 - 11:13pm

Career College Central Summary:

An activist who is calling for the abolition of student debt visited the UCLA School of Law Thursday for a panel discussion on student debt.

Laura Hanna co-founded the Debt Collective, which seeks to organize those with high debt to fight their student loans. The collective focuses its work on combating practices at …

Apr/13/2015 - 11:07pm

Career College Central Summary:

With students at Corinthian University last week making national news for going on strike and refusing to pay their college loans, it’s an opportune time to re-examine the relationship between the costs of higher education, what students get in return and whether these institutions have any accountability to their charges and the …

Apr/12/2015 - 8:01pm

Career College Central Summary:

The attorney general, in California Kamala Harris and nine other states is pushing in hard to erase debts due against the students who are in constant trouble because of giant Corinthian Colleges.

In a letter sent Thursday to U.S. Department of Education Secretary Arne Duncan, the attorneys general argue that the Santa-Ana based …

Apr/12/2015 - 7:55pm

Career College Central Summary:

For a university dedicated to flashy disciplines like film and music recording, Full Sail at first glance has a rather unflashy campus. To find it, you drive north from the Orlando airport to Winter Park on one of those tedious Florida streets lined with telephone poles, drainage ditches and chain restaurants. Eventually …

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