Business Insider Education Secretary Betsy DeVos on Wednesday restored federal recognition to an accrediting group that oversees dozens of for-profit colleges but was shut down by the Obama administration over allegations of lax supervision. Her decision says the Accrediting Council for Independent Colleges and Schools was found to be “substantially […]
Career.org Steve Gunderson, President and CEO of Career Education Colleges and Universities, criticized the U.S. Department of Education for their failure to complete final rules on Borrower Defense and Gainful Employment by the November 1, 2018 deadline. “At a time when the nation desperately seeks skilled workers, career education […]
Education Dive Dive Brief A trustee responsible for resolving the bankruptcy of ITT Educational Services is suing the federal government and the financial institutions that backed a loan program connected to the for-profit college, according to The Wall Street Journal. She is seeking funds to pay for about $1.5 billion in […]
Inside Higher Ed By Andrew Kreighbaum After ruling that Education Secretary Betsy DeVos unlawfully delayed an Obama administration loan rule designed to protect defrauded student borrowers, a federal district court judge is still weighing what, if any, provisions of the rule should go into effect. The case is unfolding as the Education Department […]
Inside Higher Ed By Andrew Kreighbaum Accreditors provide the stamp of approval for colleges and universities in the U.S. Without their recognition, those institutions can’t keep access to federal student aid. So even though accreditors are essentially membership organizations that operate with limited transparency, they are a key part of the […]
Ed Surge By Sydney Johnson This month the U.S. Education Department announced a proposal to remove a set of higher education regulations meant to punish college programs that turned out to be bad deals for students—specifically, ones whose graduates’ student-loan payments were higher than a specific portion their incomes. The policy, […]
Inside Higher Ed By Andrew Kreighbaum The Department of Education plans to repeal the Obama administration’s gainful employment rule, it announced Friday. The rule sought to hold all career education and certificate programs — the vast majority at for-profit institutions — accountable for producing graduates with debt they couldn’t repay. Programs that […]
Daily Caller by Richard Pollock University of Phoenix has close ties to former President Barack Obama and his administration, which issued strict regulations against such for-profit colleges. The university’s parent organization is still facing a federal investigation two years after Obama’s best friend purchased the company. The purchase took the […]
Education Dive More than 100 for-profit institutions closed during past year, according to federal data Author: Autumn A. Arnett@A2Arnett June 6, 2018 The number of for-profit and career colleges in the higher education landscape declined dramatically in the last four years, with the rate of decrease increasing from year to year, […]