Tag: For-Profit Colleges: Page 5

Students

Trump Pays $25M to Settle Trump University Cases

SAN DIEGO — President-elect Donald Trump has paid $25 million to settle three lawsuits against his now-defunct Trump University, signaling that a judge’s approval of a settlement agreement remains on track for March 30. Trump Entrepreneur Initiative LLC paid the money into escrow ahead of Wednesday’s deadline, said plaintiff attorney Jason Forge, who represented people […]

January 19, 2017

Students

Students of American Career Institute to see $30M in Loans Forgiven

BOSTON — Students of the now-shuttered American Career Institute will have more than $30 million in federal student loans forgiven under a deal announced by Massachusetts’ attorney general. Attorney General Maura Healey asked the U.S. Department of Education to cancel the loan obligations after her office sued the for-profit school over fraud allegations and the […]

January 16, 2017

Students

Dean: I was Asked to Step Down at Charlotte School of Law

CHARLOTTE, N.C. — The academic dean at the Charlotte School of Law is stepping down. The Charlotte Observer reported that Camille Davidson said in an email Monday she’s been asked to resign as the head of academics at the school. Davidson says the request was made by Jay Conison, head dean of the school. Davidson […]

January 10, 2017

Students

Feds: More than 800 Career Programs Failing Their Grads

Hundreds of programs at for-profit colleges are at risk of losing federal funding unless their graduates start earning better wages, federal officials say. On Monday, the Education Department issued its first round of data measuring whether graduates of 8,700 career programs earn enough money to repay their student loans. It stems from the Obama administration’s […]

January 9, 2017

Students

Ex-ITT Students Want to be Creditors in Bankruptcy Case

CARMEL, Ind. — Former students of ITT Educational Services Inc. are asking to be considered creditors in the for-profit college operator’s bankruptcy case. The Indianapolis Business Journal reports that five former students filed the motion Tuesday asking that they and thousands of other students be recognized as creditors as the bankruptcy case moves forward. The […]

January 5, 2017

Students

Lawsuit Accuses Charlotte School of Law of Hiding Problems

CHARLOTTE, N.C. —Two Charlotte School of Law students are suing the for-profit school, saying its leaders hid academic problems to keep tuition coming. Lawyers for Robert Barchiesi and Lejla Hadzic filed the lawsuit in federal court Friday against the school and its parent company, InfiLaw Corp., seeking class-action status. It claims the school’s administrators ignored […]

December 26, 2016

Students

College, University Enrollment Down 5th Straight Year

The trend threatens the national goal—already behind schedule—of increasing the proportion of the population with degrees.

December 20, 2016

Students

Trump University Settlement Filed for Judge’s Review

SAN DIEGO — Lawyers for Donald Trump and former students of his now-defunct Trump University filed an agreement in court to settle lawsuits alleging that the president-elect defrauded them, signaling that a deal announced last month remains on track for a judge’s approval next year. Trump agreed last month to pay $25 million to settle […]

December 20, 2016

Students

Dept. of Education Cuts Charlotte School of Law Lifeline

The Education Department announced Monday that it would deny Charlotte School of Law access to federal student loans.

December 19, 2016

Students

Accreditor of For-profit Colleges Loses Appeal to Stay Alive

WASHINGTON — Federal education officials are standing by their decision to cut ties with the nation’s largest accreditor of for-profit colleges — a ruling that will bar hundreds of schools from providing federal financial aid and likely force some to close. The Accrediting Council for Independent Colleges and Schools, which oversees more than 250 institutions […]

December 12, 2016

News Roundup

Feds OK Sale of University of Phoenix Parent, if Terms Met

The federal government will allow one of the nation’s largest for-profit college companies to be sold only if the new owners put up $385 million as insurance and agree not to increase enrollment, among other terms. Apollo Education Group, the parent company of the University of Phoenix, agreed in February to be bought by a […]

December 8, 2016

Students

For-profit Colleges Expect Fortunes to Improve Under Trump

After nearing collapse under the Obama administration, the for-profit college industry is celebrating Donald Trump’s election as a chance for a rebound.

November 29, 2016