By Andrew Kreighbaum. A partnership between Amazon and Wells Fargo that offered discounted student loan interest rates to Amazon Prime Student members has ended, the online retailer said. Read more...
Amazon Ends Marketing Deal with Wells Fargo
Education Dept. Sued Over Nonprofit Conversion
By Andrew Kreighbaum. The Center for Excellence in Higher Education, a chain of for-profit colleges, is suing the Department of Education after it was blocked from converting to nonprofit status. Read more...
Lawmakers Eye Endowment Tax Status
By Andrew Kreighbaum. A House Ways and Means subcommittee examines endowments, but lawmakers focus on college affordability. Read more...
Muted GOP Defense of For-Profits
By Andrew Kreighbaum. As the Obama administration pushes tougher regulation, the sector is receiving little public backing from traditional allies. Read more...
Tougher Scrutiny for Colleges With Low Graduation Rates
By Andrew Kreighbaum. Responding to sharp criticism, regional accrediting agencies will focus extra attention on institutions with below-average performance. Read more...
Small Agency, Big Impact
By Andrew Kreighbaum. As second longtime target collapses and enforcement actions pile up, Consumer Financial Protection Bureau becomes key regulator of student loan industry and for-profit higher ed. Read more...
Demand Strong for Student Loan Forgiveness
By Andrew Kreighbaum. About 432,000 borrowers have submitted employment forms demonstrating they would qualify for the federal Public Service Loan Forgiveness program beginning in October 2017, the U.S. Department of Education said Monday. Read more...
Paper Explores Future of Tech in Liberal Arts Organization
By Carl Straumsheim. A yearlong evaluation of the National Institute for Technology in Liberal Education by the Council on Library and Information Resources has produced three alternative paths forward for the organization: relaunch, reconfigure or shut down. NITLE, which has helped liberal arts colleges use technology in the classroom, last year moved from its home at Southwestern University to CLIR in order to determine if the organization had a future in the face of dwindling funding and reduced activity. Read more...
Feds Target 'Predatory' Publishers
By Carl Straumsheim. The Federal Trade Commission is "marking a line in the sand" with its first lawsuit against publishers that take advantage of scholars wishing to publish in open-access journals. Read more...
Coursera Launches Corporate Training Platform
By Carl Straumsheim. Massive open online course platform Coursera on Wednesday announced the launch of a workforce development platform, Coursera for Business. The platform will offer many of the same courses found on Coursera's learner-facing platform, but "curated" to a company's training needs, according to the website. Read more...