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
Tags » For Profit Colleges
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
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
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
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