By Andrew Kreighbaum. Career Education Corporation reached a $30 million settlement agreement with the Federal Trade Commission last month, it disclosed in a filing to the Securities and Exchange Commission. More...
23 août 2019
23 août 2019
ITT Reaches $60 Million Settlement With Consumer Agency
By Andrew Kreighbaum. ITT Education Services Inc., which owned and operated the defunct for-profit ITT Tech college chain, reached a $60 million legal settlement Monday with the Consumer Financial Protection Bureau. More...
23 août 2019
Is Amazon Training Its Workers or Creating a College Alternative?
By Doug Lederman. The retailer is pouring $700 million into worker training -- mostly through its own programs. We asked some experts on postsecondary education and training to assess whether Amazon's initiative is threat or boon to higher education. More...
23 août 2019
Moody's Downgrades University of Alaska, Citing Cuts
By Doug Lederman. Moody's Investors Service on Wednesday downgraded the credit rating of the University of Alaska system and changed its outlook for outstanding bonds to negative, citing the pending plan to cut roughly 40 percent of the university's annual state appropriation. More...
23 août 2019
2U Goes Undergrad
By Doug Lederman. London School of Economics and its parent university will create a fully online data science degree. Program, priced at $20,000, is 2U's first foray into the bachelor's degree market. More...
23 août 2019
Bryan College Chooses D2L's Brightspace LMS
By Doug Lederman. Bryan College, in Tennessee, has chosen Brightspace by D2L as its learning platform, the company announced Tuesday. More...
22 août 2019
Amazon to Spend $700 Million on Training, Mostly Outside College
By Paul Fain. Retail giant Amazon announced Thursday that it will spend $700 million over six years on postsecondary job training for 100,000 of its soon-to-be 300,000 workers. Most of the company's subsidized education and training programs will be offered outside traditional colleges and universities, in large part by spin-off providers created by Amazon. More...
22 août 2019
Moody's: Financial Exigency Can Be Credit Positive
By Paul Fain. The University of Alaska recently declared financial exigency to help deal with the state's huge budget cut to the system. The decision has drawn attention to the relatively rare use of financial exigency in higher education, which typically is used for colleges to eliminate jobs, including those held by tenured faculty members. More...
22 août 2019
Ohio Northern University Lays Off 16 Staff Members
By Nick Hazelrigg. Ohio Northern University, in Ada, Ohio, terminated four faculty members and 12 staff members in a plan designed to cut costs at the institution. According to a report from the Associated Press, the university will also shut down 10 academic programs such as German, French and a master's degree in law. More...
22 août 2019
Textbook Spending Continues Slow Decline
By Nick Hazelrigg. Survey finds the amount students spend on course materials each year has decreased, possibly indicating students are increasingly utilizing open-source material and other educational resources. More...
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