For-profit Colleges Could Lose Federal Student Aid

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

  • Loosening of for-profit school rules worries student advocates
    Several for-profit schools, including Corinthian Colleges and ITT Technical Institute, have shut down after they were ordered to to pay hefty fines or prohibited from allowing new students to use federal loans to pay for their tuition. The student ...
    03/22/2017 - 10:15 am | View Link
  • Where Do Students Go when For-Profit Colleges Lose Federal Aid?
    ... resulted in restrictions on for-profit institutions’ access to federal student aid. We examine the enrollment effects of similar restrictions imposed on over 1,200 for-profit colleges in the 1990s. Using variation in regulations linked to student ...
    12/26/2016 - 9:25 am | View Link
  • 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 - 11:59 am | View Link
  • Some for-profit colleges may lose federal funding
    The twenty for-profit schools with the worst default rates may soon lose the ability ... students at for-profit colleges make up only 12 percent of students nationwide, they make up almost half (44 percent) of federal student loan defaults.
    09/25/2014 - 1:00 pm | View Link
  • For-Profit Colleges Collect $32 Billion, 3 Lose Federal Aid Eligibility For Failing 90/10 Rule
    For-profit colleges collected ... too much of their revenue from federal student aid sources and failing to meet the 90/10 rule. Three of those institutions have done so for the second year in a row, meaning they'll now lose their eligibility for student ...
    09/28/2012 - 12:06 am | View Link
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  • Education Department Strips Authority of ACICS, the ...
    Education Department Strips Authority of Largest For-Profit Accreditor The potential death blow follows intense federal scrutiny of the Accrediting Council for ...
    03/22/2017 - 8:04 pm | View Website
  • Private Student Loan Refinancing Carries Risks, Rewards ...
    Private Student Loan Refinancing Carries Risks, Rewards Refinancing student loans through a private lender is a one-way street; there's no going back, says one expert.
    03/22/2017 - 12:51 am | View Website
  • Online Colleges that Accept FAFSA® | Financial Aid for ...
    Students attending online colleges have numerous types of financial aid available. Learn what you need, the importance of accreditation and how to get started.
    03/20/2017 - 2:22 pm | View Website
  • Apply to College with Common App | The Common Application
    With instant access to nearly 700 colleges and universities around the world, the Common App is the most seamless way to manage the application process.
    03/19/2017 - 3:57 pm | View Website
  • Higher education in the United States
    Colleges. Some states, such as Washington, now offer schools simply known as "colleges", many of which used to be "community colleges". The elevation in status comes ...
    03/19/2017 - 10:20 am | View Website
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