Filter & Sort
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.
Debt Relief Battle Continues
As Corinthian files for bankruptcy, Education Department officials race to head off the political firestorm over debt forgiveness sparked by unprecedented collapse of the for-profit college.
Profit and Competency
Kaplan University creates new "competency reports" for all 45,000 students, a move that adds momentum, and risks, for competency-based education's spread.
Lawsuit Against For-Profit Proceeds
A federal appeals court orders for-profit Heritage College to answer charges it violated federal law by altering records for federal aid -- overturning lower court dismissal.
After the Collapse
Education Department and community colleges try to help Corinthian students transfer, but Senate Democrats and consumer groups complain about for-profits as a transfer option.
Fallout From Corinthian Collapse
The implosion of Corinthian Colleges came to an end Monday as the for-profit chain closed its doors for good -- but the political fallout for the Education Department remains.
Corinthian Closes for Good
The for-profit college says it's immediately ending operations at its remaining campuses, interrupting the studies of some 16,000 students and possibly sticking the government with a bill for discharged loans.