For-profit Colleges Could Lose Federal Student Aid

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

  • To Improve Higher Education, Scale Back Federal Involvement - National Review
    Congress generally expanded the dysfunctional federal student-loan ... up colleges, particularly those started by for-profit companies. Colleges
    04/2/2015 - 12:37 pm | View Link
  • Revolt growing as more people refuse to pay back student loans - Standard Examiner
    ... to repay their federal student loans? ... of the failing for-profit giant Corinthian Colleges said they would not pay a dime of their student ...
    03/31/2015 - 2:10 pm | View Link
  • A revolt is growing as more people refuse to pay back student loans - Hartford Courant
    A revolt is growing as more people refuse to pay back student loans - South Florida Sun-Sentinel
    03/30/2015 - 12:49 pm | View Link
  • A growing revolt: More borrowers are refusing to pay back student ... - Washington Post
    College grads refusing to repay their loans say they've got a ... - Business Insider
    03/30/2015 - 6:15 am | View Link
  • Clock ticks on Andrew's choice of trade - Northern Daily Leader
    Clock ticks on Andrew's choice of trade - Cowra Guardian
    03/22/2015 - 2:41 pm | View Link
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  • Joint Finance Committee continues budget votes today
    The Legislature's Joint Finance Committee will decide whether a 71-year-old board that regulates for-profit colleges should be disbanded. The Republican Walker wants to eliminate the Educational Approval Board. The panel also investigates student complaints.
    04/17/2015 - 10:49 am | View Link
  • For-profit colleges fight new federal rule
    Students at for-profit colleges represent about 11% of the higher-education ... With no improvements, the programs and students would lose eligibility for federal student aid, which can make up as much as 90% of the revenue at for-profit schools.
    11/29/2014 - 2:35 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
  • What to Know if Your College Loses Federal Funding
    Under new regulations, 21 colleges may lose eligibility for federal financial aid ... [Know these facts about for-profit colleges and student debt.] You'll have to find an alternate payment plan. If a school loses access to federal student aid programs ...
    10/14/2014 - 1:32 am | View Link
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  • For Profit College and Student Loan News
    The Consumer Financial Protection Bureau (CFPB) is suing for-profit Corinthian Colleges, Inc. for what it calls an illegal predatory lending scheme.
    04/17/2015 - 1:47 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
    04/16/2015 - 5:55 pm | 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.
    04/15/2015 - 10:21 pm | View Website
  • For-Profit Schools and For-Profit Colleges
    Chronology of Coverage. Apr. 3, 2015. New York City Dept of Consumer Affairs begins investigation into for-profit colleges Berkeley College, Mandl School, New York ...
    04/15/2015 - 3:25 pm | View Website
  • 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 ...
    04/13/2015 - 7:03 pm | View Website
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