Filter & Sort
Rebooting the Career College
The nonprofit loan agency that bought dozens of Corinthian campuses has started to figure out what to do with them, and guarantor's CEO promises wholesale changes in behavior.
Tighter Oversight of ITT
Education Department steps up scrutiny of ITT's finances in wake of SEC charges, while two states ban company's eligibility for GI benefits.
Judge Upholds ‘Gainful’ Rule
In victory for Obama administration, a federal judge dismisses New York for-profit college group’s challenge to “gainful employment” regulations.
FTC Tangles With For-Profits
Federal Trade Commission is latest agency to pursue for-profits, announcing that online Ashworth College has settled over allegations of misrepresenting transfer credits and state licensure prerequisites to students.
Notoriety and Now Closure
A for-profit college in New Jersey that made news five years ago for recruiting homeless people has become the latest to announce it will close its doors.
Enrollments Fall
Student enrollment numbers are down at two-year colleges and four-year for-profit institutions, according to a new National Student Clearinghouse Research Center report.
Problems Deepen for ITT
SEC charges ITT and top two executives with fraud, alleging they misled investors about huge losses in lending programs. Embattled company asks regulators not to run with fraud allegations until the court rules on them.
Vanishing Profit, and Campuses
Two major for-profits announce campus closures and sell-offs as the industry continues a long slide caused by regulatory crackdowns, competition and bad publicity.