Week in Review

Mar/30/2015 - 8:07pm

Career College Central Summary:

A senior Education Department official will meet Tuesday with former students of the collapsed for-profit college chain Corinthian Colleges who are refusing to pay back their student loans.

The department has largely remained silent as the Corinthian “debt strike,” which has expanded from 15 to 100 former students, gained steam. The strike is …

Mar/30/2015 - 8:01pm

Career College Central Summary:

Nobel Learning, headquartered in West Chester, Pennsylvania, operates a network of 176 schools in 18 states. The company provides preschool through high school education, and operates an online private school that offers college-preparatory programs to students in more than 55 countries. Nobel also offers before- and after-school programs and a summer program.

Investcorp …

Mar/30/2015 - 7:58pm

Career College Central Summary:

Friday, Senator Harry Reid announced he would step down at the end of this term — ending a decade-plus of strong, effective progressive leadership of Democrats in the Senate.

His announcement set off a wave of speculation about who would run to succeed him as Senate Democratic Leader.

Most observers believed the announcement would …

Mar/30/2015 - 7:50pm

Career College Central Summary:

Last month, fifteen students from a for-profit college chain that regulators say acted as a predatory lender began publicly refusing to pay their loans. Now, the strike has grown dramatically. As of Monday, organizers say 100 students—all of whom attended the Corinthian Colleges Inc. chain for for-profit schools—have joined the strike.

Corinthian Colleges …

Mar/29/2015 - 8:08pm

Career College Central Summary:

The U.S. Department of Education plans to name the colleges whose access to federal money it has restricted because of concerns about the risk they pose to students and taxpayers. And most of the institutions placed on those financial sanctions in recent years have been for-profit colleges, newly disclosed federal records show.

Officials …

Mar/29/2015 - 8:03pm

Career College Central Summary:

Under heavy criticism for not fulling knowing or revealing the full extent of student debt, U.S. education officials have released new data that shows about one-third of borrowers with federal education loans are late on payments

The information put out by the Education Department on Thursday doesn’t tell the whole story, but it’s …

Mar/29/2015 - 7:59pm

Career College Central Summary:

The Internal Revenue Service is warning college students and other taxpayers to beware of an emerging federal tax refund scam tempting students to relinquish their personal identification and file tax returns claiming fraudulent refunds.

Misleading and bogus refund claims using the American Opportunity Education Tax Credit have been identified on college campuses throughout …

Mar/29/2015 - 7:54pm

Career College Central Summary:

This article is by William G. Tierney, university professor and co-director of the Pullias Center for Higher Education at the University of Southern California, and James Dean Ward, a Ph.D. candidate in higher education at USC.

The small private liberal arts college may soon be an endangered species.

About a third of the nation’s …

Mar/26/2015 - 7:58pm

Career College Central Summary:

The U.S. Department of Education is so concerned about the risk that dozens of colleges pose to students and taxpayers that it has curtailed access to federal money at those institutions — but it won’t say which ones.

Even as it pushes to make far more information about colleges available to consumers, the …

Mar/26/2015 - 7:52pm

Career College Central Summary:

Modernizing the way student loans are repaid in order to promote affordability, eliminate default, and reduce taxpayer costs are at the heart of a new student-loan repayment proposal from the Center for American Progress. A new report from CAP proposes creating a new system that utilizes the Internal Revenue Service’s, or IRS’s, …

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