Tags » For Profit Colleges

Judge Upholds Gainful Employment Rule, Throws Out For-Profit Industry Lawsuit

The Department of Education’s gainful employment rules, aimed at reigning in the for-profit college industry, came one step closer to its July implementation today as a judge threw out a for-profit industry lawsuit that attempted to further weaken the upcoming law. 372 more words

California Suspends GI Bill Eligibility For ITT Tech

Thousands of California students planning to use veterans benefits to enroll at ITT Technical Institute campuses will need to find other means of financing their education after the state’s Department of Veterans Affairs suspended ITT Educational Services’ eligibility for GI Bill funding. 462 more words

Senator Calls For Investigation Into Three For-Profit College Chains, Restrictions On Future Campus Sales

The struggle to protect students from potentially harmful for-profit college chains continued today as Illinois Senator Dick Durbin urged the Department of Education to investigate the business practices of three of the country’s largest propriety education companies – ITT Educational Services, Career Education Corporation, and Education Management Corporation. 657 more words

Legislator Demands Department Of Education Investigate For-Profit Chain ITT Technical Institute

Following the Securities and Exchange Commission’s decision earlier this week to file fraud charges against current and former executives with ITT Education Services – the operator of for-profit college chain ITT Technical Institute – for their part in concealing problems with company-run student loan programs, one legislator is calling on the Department of Education to further investigate the company. 449 more words

For-profit colleges close after feds turn off easy loan spigot - Is Washington's education scam finally over?

Have we heard the first pop in a bursting student-loan bubble? After Santa Ana-based Corinthian Colleges this month filed for bankruptcy and announced the closure of its remaining for-profit college campuses, talk in Congress and the Legislature has revolved around proposals to bail out student debt for as many as 16,000 students. 62 more words

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For-profit college chain with two Minnesota campuses to close for good

The students now studying at Sanford-Brown colleges, a for-profit higher education system with two campuses in Minnesota, will be the last to pass through the institution. 219 more words

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