Week in Review

Apr/08/2015 - 10:05pm

Career College Central Summary:

Deserved or not, the for-profit sector is perhaps higher ed's most controversial. And in recent years, that reputation has brought on something of a state of upheaval.

Companies operating institutions in the space have seen their survival threatened by tighter federal regulations and proposals to provide free community college. Whether or not they …

Apr/08/2015 - 10:01pm

Career College Central Summary:

Students considering pursuing an online associate degree are most likely choosing between for-profit and community college options.

Traditional for-profits such as University of Phoenix and DeVry University have long been known for their online offerings, while community colleges actually serve the biggest share of exclusively online undergraduate students, according to data from the …

Apr/08/2015 - 9:56pm

Career College Central Summary:

Ana Barros grew up in a two-family house built by Habitat for Humanity, hard by the boarded-up buildings and vacant lots of Newark. Neither parent attended college, but she was a star student. With a 2200 on her SATs, she expected to fit in at Harvard.

Yet here she was at a lecture …

Apr/08/2015 - 9:52pm

Career College Central Summary:

As scrutiny of for-profit institutions increases, direct private loans from those institutions to students are becoming rarer. One reason is that states have joined federal agencies in scrutinizing the sector over its lending, recruitment and advertising practices. 

Take the Minnesota attorney general's attempt to crack down on Globe University. Attorney General Lori Swanson …

Apr/07/2015 - 9:13pm

Career College Central Summary:

Starbucks, the world’s largest coffee shop chain, is offering to fund four years of college tuition for employees in the United States working at least 20 hours a week—but only if they enroll in the online program of Arizona State University (ASU).

The initiative is an expansion on a previous program that offered …

Apr/07/2015 - 9:04pm

Career College Central Summary:

You hit the snooze button on your alarm a few times in the morning and finally stagger out of bed, yet instead of racing across the quad to make it to your lecture on time, you open up your laptop and a grid of windows showing the alternately groggy or hyped-on-caffeine faces …

Apr/07/2015 - 8:58pm

Career College Central Summary:

Education Credit Management Corp. and its subsidiary Zenith Education Group are moving their headquarters from Oakdale to downtown Minneapolis.

An ECMC spokeswoman said Friday they were finalizing a lease at the Ameriprise Client Service Center. The move will affect about 500 staffers and was prompted by a desire to "attract and retain" employees, …

Apr/07/2015 - 8:52pm

Career College Central Summary:

For over 150 years, Cooper Union in Manhattan's East Village existed as something of an enigma. The renowned art, architecture, and engineering college was located in one of the country's most expensive cities, yet even as students of neighboring private universities saw their tuition bills blow past 50 grand a year, Cooper …

Apr/06/2015 - 8:23pm

Career College Central Summary:

If worst comes to worst and you can't pay back your debt, you can always declare bankruptcy. You'll have trouble getting a loan in the future, but you can move on with your life. Unless your debt is a student loan.

Megan McArdle, who once paid for a certificate from a for-profit college …

Apr/06/2015 - 8:00pm

Career College Central Summary:

Getting a college education increases a person's income earning potential. In 2013, Americans whose households made over $108,650 in 2012 were more than eight times more likely to have graduated from a bachelor’s-degree program than Americans whose households made less than $34,160. Go back to 1970, and the higher-income group was five …

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