For-profit Colleges Could Lose Federal Student Aid

The Department of Education is examining whether for-profit colleges meet their "gainful employment" standards

  • Federal Government Deals Another Blow to For-Profit Colleges
    The federal panel urged the government to pull the approval of the Accrediting Council of Independent Colleges and Schools ... final decision could lose all their progress toward a degree and still be on the hook for their student loans.
    09/27/2016 - 8:22 am | View Link
  • Education Dept. Revokes Recognition Of Troubled Accreditor Of For-Profit Colleges
    Still, a reprieve for ACICS appears unlikely, as several consumer advocates, lawmakers, and even DOE staff, have pushed for the agency to lose its ... are for-profit colleges. Without this accreditation, schools cannot receive federal student grants ...
    09/23/2016 - 3:07 am | View Link
  • Amid scrutiny, for-profit colleges see enrollment slide
    And a new proposal would force colleges to repay student debt if they're found ... that could cause hundreds of for-profit schools to lose their accreditation — and with it, their eligibility for federal financial aid. Federal education officials are ...
    09/23/2016 - 2:30 am | View Link
  • The Government Would Lose More Than A Billion Dollars If For-Profit College Fails
    If the Department of Education fails to reach an agreement with Corinthian Colleges, the failing for-profit college company, by midnight tonight, the government will be forced to forgive more than $1.2 billion in student loans, according to a court filing ...
    09/22/2016 - 10:15 pm | View Link
  • Gov't severs ties with accreditor of for-profit colleges
    Students at schools that ultimately lose accreditation will not be eligible for federal financial aid, like Pell grants and student loans. ACICS also accredited a host of institutions-many of them for-profit colleges-now under investigation by federal or ...
    09/22/2016 - 9:21 pm | View Link
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  • “I feel like I was set up to fail”: Inside a for-profit ...
    Some schools feast on federal aid and don't care if the student can repay it. Here's one woman's tragic story
    09/21/2016 - 7:08 pm | View Website
  • College Student Loan Debt and Outcomes
    Research and compare the cost and outcomes of attending colleges across the United States, including tuition, student loan debt, earnings, and more.
    09/21/2016 - 3:40 pm | View Website
  • U.S. Recommends Shutting For-Profit Accreditor
    The U.S. Department of Education has recommended the termination of a controversial accreditor, which could threaten access to federal financial aid for 243 ...
    09/21/2016 - 10:18 am | View Website
  • Proposed federal rules for student debt forgiveness worry ...
    WASHINGTON -- For-profit colleges and their advocates are aggressively fighting the Obama administration’s proposed rule for federal loan forgiveness, arguing that ...
    09/20/2016 - 6:08 am | View Website
  • The Obama Administration Makes Its Biggest Move Against ...
    The Obama Administration Makes Its Biggest Move Against For-Profit Colleges. The nation’s worst college accreditor is about lose its own accreditation.
    06/24/2016 - 8:03 pm | View Website
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