Compliance & Regulatory

Career College Central Summary:

  • Public interest in the for-profit industry has grown as more Americans have pursued nontraditional paths to a college education. As enrollment has grown, state and federal investigators have examined recruiting and marketing practices as well as academic activities at a number of for-profit schools. In 2012, a U.S. Senate investigation found widespread evidence that for-profit schools often appear to prioritize business concerns over...

Career College Central Summary:

  • A review of a state commission tasked with evaluating for-profit schools has raised questions about Georgia’s oversight of the institution, and the commission’s director say the organization would likely be more effective with more resources.
  • The Atlanta Journal-Constitution reported Sunday that the Georgia Nonpublic Postsecondary Education Commission has certified that for-profit schools and institutions met state...

Career College Central Summary:

  • A view of the situation: Rep. Joanne Blyton is the Vice Chair of the Montana House Education Committee. She represents House District 59 in Carbon County and surrounding areas.--America’s higher education system truly is the envy of the world, but it isn’t without its challenges. We’ve seen accelerating costs to attend college leading to increasing student debt loads. And even with more Americans attending college than ever...

Career College Central Summary:

  • State veteran’s groups estimate roughly two-thirds of California vets use their GI-Bill benefits to pay fees at for-profit colleges.
  • Retired U.S. Army Lt. Colonel and veterans’ advocate, Pete Conaty says some schools have even promised job placement and other services to veterans, and then failed to deliver.
  • “So then the veteran who uses his entire GI-Bill going to a for-profit college, gets out with a...

Career College Central Summary:

  • For-profit college ITT Educational Services Inc. (ESI:US), already under pressure from the U.S. Education Department, is facing stricter terms from lenders that could put its operations at risk.
  • Last week, ITT Educational disclosed an agreement with creditors that would push its loans into default should the government delay access to student-aid funds, the lifeblood of for-profit colleges, by more than five days. On Aug. 4, the...