For-profit Colleges Could Lose Federal Student Aid

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

  • Federal Trade Commission sues DeVry University for deceptive ... - Washington Post
    ... could soon qualify for student debt ... Second largest for-profit chain to pay $95 million to settle fraud charges For-profit colleges lose bid ...
    01/27/2016 - 2:56 pm | View Link
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  • For-profit colleges in Maryland are ripping off students, consumer group says
    The consumer advocacy group compared costs, student debt and loan defaults at for ... rate and 15.5 percent one-year loan default rate for for-profit colleges in the state that receive federal grants and loans. “The recommendations in the report ...
    02/5/2016 - 6:20 am | View Link
  • Students await relief from for-profit college accused of deceptive marketing
    If DeVry fails to do so, the company could lose its ability to participate in the federal ... a legal tool borrowers can use to have their federal student loans wiped away if they believe their school lured them illegally. But it’s still unclear whether ...
    01/27/2016 - 8:29 am | View Link
  • For-profit colleges risk losing federal aid if students can't pay off loans
    For-profit colleges ... off their student loans could soon face the wrath of the federal government. Schools with career-oriented programs that fail to comply with the new rule being announced Thursday by the Obama administration stand to lose access ...
    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 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 - 5:06 am | View Link
  • Why some for-profit colleges could lose eligibility for federal aid
    Washington — Dozens of for-profit colleges, also called career training programs ... Schools, however, cannot lose eligibility to federal student aid until they fail three out of four years, meaning that no school would be affected until 2015.
    06/28/2012 - 6:47 am | View Link
  • For-profit Colleges Could Lose Federal Student Aid
    Several for-profit institutions may no longer have access to federal student aid if their students continue to struggle with loan repayment. The U.S Department of Education reported that in 193 programs at 93 schools, students could not meet any of the ...
    06/27/2012 - 7:37 am | View Link
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  • The Wall Street Journal Praises For-Profit Colleges That ...
    The Wall Street Journal Praises For-Profit Colleges That Prey On Veterans Research November 11, 2015 11:06 AM EST ››› PAM VOGEL ?
    02/5/2016 - 4:20 pm | View Website
  • Corinthian Colleges
    U.S. Secretary of Education Arne Duncan just announced a debt relief package for students who attended schools run by now-bankrupt Corinthian Colleges.
    02/5/2016 - 11:33 am | View Website
  • New Data Shows a Lower Percentage of Students Defaulting ...
    Our mission is to promote student achievement and preparation for global competitiveness by fostering educational excellence and ensuring equal access.
    02/5/2016 - 9:03 am | View Website
  • Fact Sheet: Obama Administration Increases Accountability ...
    Fact Sheet: Obama Administration Increases Accountability for Low-Performing For-Profit Institutions
    02/5/2016 - 12:35 am | View Website
  • For-profit colleges on the Heightened Cash Monitoring list ...
    Some of America’s Worst For-Profit Colleges Are Taking Billions in Taxpayer Funds
    11/17/2015 - 8:29 am | View Website
  • Federal Education Officials Release List of Monitored Colleges
    Federal Education Officials Release List of Monitored Colleges Agency has heightened financial oversight of these institutions
    03/30/2015 - 7:55 pm | View Website
  • How For-Profit Colleges Stay In Business Despite Terrible ...
    At nearly half of Corinthian's schools, more than 30 percent of students default on their federal loans within three years of leaving campus, according to ...
    09/19/2013 - 3:36 am | View Website
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