For-profit Colleges Could Lose Federal Student Aid

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

ASK NEWS:
  • Not all for-profit colleges the same - News-Journal
    If they default, the taxpayers lose, too. For-profit students make up 47 percent of all federal student loan defaults, according to a 2012...
    08/2/2015 - 5:35 am | View Link
  • Slick for-profit college marketing is starting to backfire - Washington Post
    Lawmakers cracking down on for-profit college marketing - Stars and Stripes
    07/30/2015 - 2:17 pm | View Link
  • Why College Loan `Relief' Services Are a Bad Move - Forbes.com
    ... week in the not-for-profit ... Students can lose more than just the fees ... these federal programs by themselves for free. “My main ...
    07/30/2015 - 5:28 am | View Link
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BING NEWS:
  • For-profit colleges lose bid to scuttle government rules
    Students at for-profit colleges represent only about 11 percent of the total higher-education population but 44 percent of all federal student loan defaults. “We’ve said for some time that lawsuits targeting the Administration’s recent gainful ...
    05/27/2015 - 12:02 pm | View Link
  • For-profit colleges risk losing federal aid if students can't pay off loans
    For-profit colleges that don't produce graduates capable of paying off their student loans could soon face the wrath of ... announced Thursday by the Obama administration stand to lose access to federal student-aid programs. To meet these "gainful ...
    10/30/2014 - 2:21 am | View Link
  • For-Profit Colleges Could Lose Access to Federal Student-Aid Programs
    Many for-profit colleges could soon lose access to federal student-aid programs. A new rule will be announced Thursday by the Obama Administration. It will require the schools to show that a graduate's estimated annual loan payment does not exceed 20% of ...
    10/30/2014 - 1:16 am | View Link
  • For-Profit Colleges Could Lose Lots of Federal Funding Under Education Department's New Regulations
    President Obama is taking another try at punishing for-profit colleges that do not effectively help their graduates find work while leaving them in debt. According to the Huffington Post, the new proposal would cut federal student aid funding for the ...
    03/14/2014 - 6:52 am | View Link
  • For-Profit Colleges Collect $32 Billion, 3 Lose Federal Aid Eligibility For Failing 90/10 Rule
    For-profit colleges collected $32 billion from the federal ... have done so for the second year in a row, meaning they'll now lose their eligibility for student aid from the federal government. The federal 90/10 rule puts a 90 percent cap on for-profit ...
    09/28/2012 - 4:42 am | View Link
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BING SEARCH:
  • States Crack Down on For-Profit Colleges, Student Loan ...
    Educating for Profit. In January, 13 states issued subpoenas to four for-profit colleges, including Corinthian, over concerns about possible misrepresentations to ...
    08/29/2015 - 1:53 am | View Website
  • For Profit Higher Education: The Failure to Safeguard the ...
    For Profit Higher Education: The Failure to Safeguard the Federal Investment and Ensure Student Success -2- Part III - Minority Committee Staff Views
    08/29/2015 - 1:10 am | View Website
  • The Low-Down on For-Profit Colleges
    Public colleges and universities receive funding from tuition and endowments, but the larger part of their funding comes from state or local taxes.
    08/29/2015 - 12:48 am | View Website
  • CFPB Sues For-Profit Corinthian Colleges for Predatory ...
    Home; Newsroom; CFPB Sues For-Profit Corinthian Colleges for Predatory Lending Scheme; Sep 16 2014 CFPB Sues For-Profit Corinthian Colleges for Predatory Lending Scheme
    08/27/2015 - 8:07 am | View Website
  • U.S. GAO
    For-Profit Colleges: Undercover Testing Finds Colleges Encouraged Fraud and Engaged in Deceptive and Questionable Marketing Practices GAO-10-948T: Published: Aug 4, 2010.
    08/27/2015 - 1:19 am | View Website
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