News Search of the Week
Here's what the media are saying about:
Browse By News Topic
For-profit Higher Education
Since November 2012, Rolling Jubilee has purchased and eradicated about $15 million worth of debt arising from unpaid medical bills. Today, the group announced that it has erased $3.9 million in private student loans, including Courtney Brown's and those of almost 3,000 other students of the for-profit Everest College.
It’s a pretty safe bet that the Consumer Financial Protection Bureau won’t see much of the half-billion-plus dollars it demanded from Corinthian Colleges Inc., in a lawsuit the bureau filed on Tuesday that accused the company of predatory lending and illegal collection tactics.
Liberal comedian Bill Maher announced on his show last week that he would work to unseat Representative John Kline, the Minnesota Republican who chairs the House education committee. The host of the HBO series "Real Time with Bill Maher" cited Kline's support of for-profit colleges -- and the industry's donations to his campaign -- as one of the reasons why he chose to target Kline as part of his "Flip a District" campaign.
John Oliver grabbed the mic last weekend to call out private, for-profit (PFP or proprietary) colleges as the rip-offs that they are, but he only addressed the student debt inflicted by these scammers. For-profits not only rob students of money and education; these proprietary institutions’ damage to society is convoluting data about college graduates, causing misrepresentation of higher education as a whole.
Student and consumer groups, worried that the Education Department is considering softening its proposed "gainful employment" rule, are challenging a study that suggests that demographics drive student outcomes. In a brief published on Wednesday, the group Young Invincibles argues that the study, which was commissioned by the Association of Proprietary Colleges and published in May, suffers from methodological flaws and a "biased framing of the results."
As college students head back to campus, John Oliver has some bad news for them: "Essentially, student debt is like HPV. If you go to college, you're almost certainly going to get it. And if you do, it will follow you for the rest of your life." Most of the segment focuses on for-profit colleges, which enroll about 13 percent of all college students but a much larger percentage of student loan borrowing and defaults.
As online course products have improved, more and more schools have plugged them into their curricula. The result is a creeping homogenization of basic classes throughout many U.S. universities. That’s raising some uncomfortable questions, starting with: Why should I pick one school over another if they offer the exact same classes? And: Why are universities buying ready-made frozen meals instead of cooking up their own educational fare?
A quick search for terms like "campus safety" and "sexual assault" on the Apple App Store reveals dozens of applications marketed toward worried college students. Circle of 6 allows users to send text message alerts to six pre-selected friends. VizSafe lets users post and watch videos of areas they might feel are unsafe. OnWatch provides a suite of safety and reporting tools -- for $19.99.
The Washington Post Editorial board writes: There should be no tolerance of programs that are unscrupulous in how they use taxpayer-funded student aid or prepare their students for careers. But the administration’s proposed approach essentially singles out the for-profit sector and applies arbitrary debt-to-earning metrics that many public and private nonprofit institutions would be hard-pressed to meet. While the standards would apply to all career-training programs, the for-profit sector would be most affected since its degree programs would have to be in compliance but degree programs offered by public and private nonprofit institutions would not.
For-profit educational institutions that leave students with heavy debts and worthless credentials do not belong in the nation’s job-training system. Yet institutions like Corinthian Colleges, which reached an agreement last month with the Department of Education to sell or shut down its campuses, have been ripping off students and taxpayers for years by making false promises and cashing in on federal job-training programs. Regulators and lawmakers have been slow to catch on.