Week in Review

Feb/19/2015 - 5:47pm

Career College Central Summary:

Everest College’s Canada campuses were abruptly shut down today by the government of Ontario, affecting three thousand students and staff at the country’s 14 schools.

A nonprofit bought the majority of Everest College campuses late last year after the schools’ owner, the troubled for-profit college giant Corinthian Colleges, reached an agreement with the …

Feb/19/2015 - 5:42pm

Career College Central Summary:

The nation’s economy demands that workers possess increasing levels of knowledge, skills, and abilities that are best acquired through postsecondary education. Without workers who have the right foundations, the United States will lose ground to countries that have prepared better for the demands of the 21st century workforce and, ultimately, the United …

Feb/19/2015 - 5:39pm

Career College Central Summary:

THE problems with college are well known. Too many students aren’t learning, don’t finish and fall deeply in debt. What will make college better? Federal officials, who are already alarmed by soaring tuitions, must tackle the mediocre education and outcomes at many schools with similar urgency.

Through loans, grants and tax breaks, the …

Feb/19/2015 - 5:31pm

Career College Central Summary:

President Obama's proposal to make community college free was another blow to for-profit higher education providers, according to a recent Forbes article that analyzed the for-profit sector's deep troubles, and a further decline in stock prices after the announcement.

In Minnesota, the state Senate's DFL majority leadership also recently proposed free tuition for …

Feb/18/2015 - 11:23pm

Career College Central Summary:

Colorado’s attorney general accuses a private, for-profit college with campuses in four states of misleading students it promises to prepare for careers in business, computers and health care, The Denver Post reported Wednesday.

The Post reported that a lawsuit was filed late last year against CollegeAmerica seeking to remedy deceptive trade practices. CollegeAmerica, …

Feb/18/2015 - 11:15pm

Career College Central Summary:

Millions of Americans are plagued by student loans, an albatross hindering them from taking adult financial steps like buying a house or moving out of Mom and Dad’s basement. The Federal Reserve Bank of New York said Tuesday that outstanding student loan balances recently grew to $1.16 trillion in the U.S. But …

Feb/18/2015 - 11:11pm

Career College Central Summary:

Students at Heald College statewide and in Salinas are facing financial uncertainty right now. That’s because the state is withholding grant money while the school’s finances are under investigation.

It’s a long story that began last year when the for-profit Corinthian Colleges, the parent company of Heald, Everest and WyoTech Colleges, couldn’t provide …

Feb/18/2015 - 11:07pm

Career College Central Summary:

A state court in Denver has just unsealed the complaint that the Colorado attorney general brought late last year against CollegeAmerica / Stevens-Henager, a former for-profit college network that recently converted to non-profit status. The school’s conversion seems to enrich its founder in ways that disturbingly distort the concept of a non-profit, …

Feb/17/2015 - 7:26pm

Career College Central Summary:

Massachusetts Attorney General Maura Healey has asked the U.S. Department of Education to forgive the debt of hundreds of students who were forced into loans and thousands of dollars in tuition payments by the failing for-profit Corinthian Colleges.

"Schools should not obtain public monies based on actions in violation of state law, and …

Feb/17/2015 - 7:22pm

Career College Central Summary:

Allied World National Assurance Co. asked an Illinois federal court Saturday to say it's not responsible for costs stemming from two government investigations into DeVry Education Group Inc.'s allegedly deceptive advertising claims regarding graduates' employment, because the investigations seek only to gather information.

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