By . The Consumer Financial Protection Bureau has notified ITT Educational Services that the bureau’s enforcement office is considering recommending that the federal agency take legal action against the for-profit-college company, ITT said on Friday in a filing with the U.S. Securities and Exchange Commission. More...
How to Escape the Community-College Trap
By . More than half of community-college students never earn a degree. Here's how to fix that.
When Daquan McGee got accepted to the Borough of Manhattan Community College in the spring of 2010, he was 19 and still finding his footing after a two-year prison sentence for attempted robbery. He signed up for the standard battery of placement tests in reading, writing, and math; took them cold; and failed two—writing and math. Steered into summer developmental education (otherwise known as remediation), he enrolled in an immersion writing course, which he passed while working full-time at a Top Tomato Super Store. Then McGee learned of a program for which a low-income student like him might qualify, designed to maximize his chances of earning a degree. At a late-summer meeting, he got the rundown on the demands he would face. More...