Week in Review

Jan/08/2015 - 8:25pm

Career College Central Summary:

In October, the Obama administration released regulations that would hold career-based colleges of all types more accountable for the retention and future employment of their graduates. These “gainful employment” rules would particularly strike against for-profit schools with predatory practices that take the money of college students and provide little support for employment …

Jan/08/2015 - 8:19pm

Career College Central Summary:

Think of college and, chances are, you picture 18-year-olds strolling across a leafy campus on their way from dorm to class.

That is not reality for most college students today.

More than half of college students today attend part time, do not start right after high school, transfer at least once or experience some …

Jan/08/2015 - 8:10pm

Career College Central Summary:

For-profit education provider Apollo Education Group (APOL.O) forecast second-quarter revenue below analysts' estimates and reported a 66 percent drop in first-quarter profit as fewer students signed up for its degree programs.

Apollo's shares were down 13.4 percent at $27.59 in noon trading on the Nasdaq.

Total enrollments at Apollo's flagship University of Phoenix dropped …

Jan/08/2015 - 8:00pm

Career College Central Summary:

President Barack Obama on Friday will propose making two years of community college free for students.

In a White House video posted Thursday evening, Obama said he wanted to offer “a little preview” of his plans for the Jan. 20 State of the Union address.

Story Continued Below

“What I’d like to do is to …

Jan/07/2015 - 9:20pm

Career College Central Summary:

Suppose a Republican administration’s Department of Education enforced a regulation that cut off federal student loans only for those students who attend colleges that predominantly serve lower income, minority and working class families. Can you imagine the cries of outrage that would be heard from liberal members of the Congress? Class discrimination? …

Jan/07/2015 - 9:12pm

Career College Central Summary:

A group representing non-profit and for-profit private providers aims to be “the Russell Group of the alternative sector” and to dissociate its members from “dodgy” for-profit colleges.

The Independent Universities Group, representing eight institutions with degree-awarding powers and/or university title that are not funded by the Higher Education Funding Council for England, was …

Jan/07/2015 - 8:54pm

Career College Central Summary:

It looked like a minor announcement, but it was actually news that could change the way that reporters write stories about Washington corruption. This morning, Citizens for Responsibility and Ethics in Washington founder Melanie Sloan co-founded Triumph, "a new firm specializing in crisis and disruption strategies." Sloan was leaving CREW after 12 …

Jan/07/2015 - 8:46pm

Career College Central Summary:

For years, Sallie Mae was known on Capitol Hill as a financial heavyweight willing to throw thousands of dollars at legislators in order to protect its lucrative subsidies. Five years after the end of Sallie’s lender gravy train, we’re being reminded again of just how unseemly the financial relationships encouraged by the …

Jan/06/2015 - 7:50pm

Career College Central Summary:

President Barack Obama plans to announce a new college affordability initiative on Friday.

The President, along with Vice President Joe Biden, is traveling to Tennessee Friday and will make the higher education announcement at one stop and a manufacturing announcement at another.

No details have been released by the White House, which said only …

Jan/06/2015 - 7:43pm

Career College Central Summary:

U.S. Sen. Elizabeth Warren, D-Mass., said her vision for 2015 in Washington involves maintaining a sharp focus on student loan debt and the drag it is on the economy and the future of the country.

While Warren previously introduced and pushed a bill to allow people to refinance student loans at the current …

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