Student Loan Hero: Betsy DeVos’ Controversial Decision Could Make Kaplan University and The Art Institutes Nonprofit
Yesterday, BuzzFeed News reported Secretary of Education Betsy DeVos and the Department of Education have cleared the way for two for-profit institutions — Kaplan University and Education Management Corp (EDMC), the parent company of Argosy University, South University, [...]
“I have Student Debt, but No Degree” Veterans’ Letters to Ed Dept
Letters to the Education Secretary by students defrauded by schools
UPI: For-profit college must pay $200M to forgive loans, pay settlement
WASHINGTON, Nov. 17 (UPI) -- The for-profit college operator Education Management Corporation agreed to pay nearly $200 million to forgive student loans and resolve federal fraud claims in deals that have been lauded as "unprecedented" [...]
Pittsburgh Business Times: EDMC, For-Profits Could Lose Major Funding Source Under Obama’s 2016 Budget Proposal
A proposal in President Barack Obama's 2016 budget that would close a loophole in G.I. Bill funding could spell trouble for for-profit education providers if approved by Congress.
City Attorney of San Francisco Settles with EDMC’s Art Institutes over Use of Illegal Marketing Practices
The California Art Institute, a for-profit school with campuses up and down the state, will offer scholarships and tighten its student-recruitment practices in a $4.4 million settlement between the school's parent company and San Francisco, [...]
Denver Post: Argosy University Denver fined $3.3 million for deceptive practices
Argosy University Denver, a for-profit school, will pay $3.3 million in restitution and fines for engaging in deceptive marketing practices, the Colorado attorney general’s office said Thursday. “Our investigation revealed a pattern of Argosy recklessly [...]