By Nick DeSantis. Four-D College, a small for-profit institution that focused on training students for careers in health-care fields, said on Sunday that it would close its doors, effective immediately, the San Bernardino Sun reports. More...
By Nick DeSantis. Nearly nine out of 10 students who attend unaccredited law schools in California drop out within four years, according to an investigation by the Los Angeles Times. More...
By Andy Thomason. Donald Trump, the celebrity billionaire whose bid for the Republican presidential nomination has been a source of mild to major annoyance for, well, most people, is hardly overseeing his first bid to educate the American public. To say so would be to forget Trump University, the virtual, for-profit “college” he started in 2005. More...
By Andy Thomason. Last month the U.S. Department of Education updated its list of colleges subject to stricter financial monitoring because of concerns about their management or other problems. The new list of colleges under heightened cash monitoring has 413 institutions subject to the first level of scrutiny and 70 colleges subject to the second, more restrictive level. More...
By Andy Thomason. The U.S. Education Department has agreed not to take legal action against former students of the defunct Corinthian Colleges who have defaulted on their student loans, Reuters reports. The department also won’t attempt to collect the debt owed by former Corinthian students for 120 days. Last month the department announced a plan through which it would allow former Corinthian students to apply to have their debt forgiven. More...
By Andy Thomason. The main trade association of for-profit colleges will appeal a ruling that upholds the U.S. Education Department’s gainful-employment rule, the group announced in a news release on Thursday. Steve Gunderson, president of the Association of Private Sector Colleges and Universities, said in the release that the rule is “arbitrary and capricious and in violation of federal law.” More...
By . As a number of scholars have pointed out, on average, college still pays—even in light of the relatively high debt levels we see today. The lifetime earnings gains from attending public and non-profit four-year colleges and community colleges have been shown to be consistently high enough to outweigh the costs of attendance. More...
By Richard V. Reeves. Here is one solution to the rising cost of college: Make it free. That's what a group of anonymous donors in Kalamazoo, Mich., accomplished a decade ago for local students. Almost every high school graduate in the town is eligible for a scholarship covering from two-thirds up to the entire cost of in-state college tuition. More...
By . The circumstances in which a child grows up has a huge impact on their life outcomes—and the gap is not narrowing. If anything, multiple scholars suggest that background conditions are now more important than ever. More...
By . Five years ago, President Obama spoke at the graduation ceremony at Kalamazoo High School in Michigan—an unusual move for a sitting president. Why Kalamazoo? Because thanks to a generous group of local anonymous donors who created the ‘Kalamazoo Promise’, almost every high school graduate gets a scholarship that pays from two-thirds up to the entire cost of college tuition. More...
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