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Career College Central Summary:
International Education Corp., a profit-seeking chain college, gives students final exams it knows they will fail, to keep federal and private tuition aid coming until it is used up, says a former campus president who claims he was fired for objecting.
Khalifa Alshammiry sued IEC Corp. dba International Education Corp., on Monday in …
Career College Central Summary:
Earlier this year, President Obama announced a plan to guarantee tuition for any student who wanted to attend community college. The federal government would cover 75 percent of the cost of tuition, and states would cover the remaining 25 percent.
He didn’t go nearly far enough.
It’s time to make college education free. Not …
Career College Central Summary:
When Yale announced it last week that it would offer its first fully online degree, the backlash was almost immediate. Students and alumni of of the physician assistant program that Yale will offer online vocally opposed the move, urging the university to reverse the decision and stoking a letter-writing campaign. At a …
Career College Central Summary:
Inside Higher Education recently released a summary of its fifth annual survey of College and University Presidents, in advance of the annual meeting of the American Council on Education, the cross-sector presidential national higher education association. Gallup Education conducted the survey with responses from public, private, nonprofit and for-profit higher education institutions.
The …
Career College Central Summary:
Facing shrinking budgets and, in some cases, flagging enrollment, a growing number of college presidents are concerned about the future of their institutions, according to a new Inside Higher Ed report based on Gallup data.
Only 39 percent of college presidents surveyed for the report felt confident their institution’s financial model would be …
Career College Central Summary:
In a floor speech today, Senator Dick Durbin (D-IL) said he was "troubled" that ECMC, the debt collection company that has acquired more than 50 campuses of collapsing for-profit college chain Corinthian, is "already, just weeks into owning and operating these schools, failing to live up to the promises they made to …
Career College Central Summary:
On college campuses across America this spring chipper tour guides will bustle high-school seniors and their parents around all the big sites: the dorms, high-tech classrooms, vast libraries, and the flashy new rec centers, with their now-standard lazy rivers and flat-screen TVs. This is closing season, when colleges try to turn “accepted” …
Career College Central Summary:
Lori Swanson, Attorney General of Minnesota:
For-profit colleges enrolled just 12 percent of students but accounted for 44 percent of student loan defaults in 2013 nationwide. The U.S. Department of Education determined that 72 percent of for-profit college graduates earn less than those who drop out of high school. Nearly 90 percent of …
Career College Central Summary:
Public interest groups are defending a controversial rule that would penalize colleges and universities that do not prepare their students to find good-paying jobs after graduation.
The Department of Education issued so-called “gainful employment” regulations last October to ensure colleges do not unfairly bury students in debt to obtain inadequate degrees.
The Education Department …
Career College Central Summary:
Summary
Public education is much more affordable than for-profit education.
Graduates are employed less and paid less than graduates of non-profit universities.
Apollo Education’s upcoming earnings have a good shot at missing Wall Street estimates just as competitor, DeVry Education Group, did earlier this year.
Interest rates on federal student loans, the main source of income …