Tags » For Profit Colleges

More Than A Year After Corinthian Collapse, Students Still Waiting For Financial Aid Help

Eighteen months after Corinthian Colleges Inc. completed its collapse – closing the remaining Heald College, Wyotech, and Everest University – tens of thousands of former students are still waiting to received some form of relief from the mountains of student loan debt they incurred to attend the defunct college.  628 more words

For-Profit Colleges Account for a Third of All Federal Student Loan Defaults

Over one-third of federal student loan defaults can be attributed to students at for-profit schools.

Students at for-profit colleges accounted for 35% of defaults during the three year period starting in 2013—down from 44% two years earlier, according to new data from the… 446 more words


MN-based beauty school chain shuts down all 79 campuses at once

The sudden shutdown of Regency Beauty Institute is drawing some ugly comments from students who feel jilted.

Regency, which is based in the Twin Cities, … 466 more words


Education Dept. Revokes Recognition Of Troubled Accreditor Of For-Profit Colleges

The accrediting body responsible for holding a large number of for-profit schools accountable — including the recently shuttered ITT Tech, and the now-bankrupt Corinthian Colleges — received some bad news this week. 819 more words

A New Report Outlines Higher Education’s $2.7 Billion ‘Debt Bomb’

This article originally appeared on Time.com.

As I’ve written recently, higher education, and in particular the for-profit sector, has become increasingly financialized—meaning, it is focused on money over outcomes and engaged in financial machinations that actually undermine the quality of the core business proposition, which is supposed to be turning out well-prepared students. 683 more words


Mom Says College Stole Her ID, Forged Signature To Take Out Student Loan For Son Who Didn't Attend School

A for-profit educator that was recently hit with a $13 million settlement for allegedly filing false claims for student aid is now accused of stealing an Alabama woman’s identity and forging her signature to take out a student loan for her son, even though he never attended that school. 469 more words

Another for-profit higher educational institution bites the dust ...

Last week, ITT Technical Institute, a for-profit higher educational institution enrolling ~40,000 students on more than 130 campuses across the country, announced that it is shutting down, while also laying off the lion’s share of its more than 8,000 employees. 549 more words