Compliance & Regulatory

Career College Central Summary:

  • On July 21, 2014, Bridgepoint Education, Inc. (the “Company”) and Ashford University received from the Attorney General of the State of Massachusetts (“Attorney General”) a Civil Investigative Demand relating to the Attorney General's investigation of for-profit educational institutions and whether the university's business practices complied with Massachusetts consumer protection laws.
  • Pursuant to...

Career College Central Summary:

  • Until 2010, the Private Postsecondary Education Act let students sue schools. It required that private colleges meet a minimum graduation rate of 60 percent and that certain vocational colleges place at least 70 percent of graduates in jobs in their fields. And after recruiting students, colleges had to wait three days to enroll them or sign them up for loans so applicants could have a "cooling off" period from high-pressure sales...

Career College Central Summary:

  • [The Senate Appropriations Committee] approved a provision, pushed by Senator Dick Durbin of Illinois, a Democrat, that would place a new restriction on some of the federal military benefits that are used at for-profit colleges. Durbin's language would change the so-called "90/10 rule" that caps for-profit colleges' receipt of grants and loans administered by the Education Department at 90 percent of their annual revenue....

Career College Central Summary:

  • The University of Texas is one of the nation’s top public universities, renowned for its rigorous academic standards, the caliber of its teaching staff, and world-class quality of its research programs. Alumni include bold-faced names in nearly every business sector and corner of public service, as well as 28 Rhodes Scholars, 26 Truman Scholars, 20 Marshall Scholars, 18 Pulitzer Prize-winners, and even nine astronauts. Its graduates enter...

Career College Central Summary:

  • The first bill, proposed in June by Sen. Lamar Alexander, the highest-ranking Senate Republican on education, and Sen. Michael Bennet, a Colorado Democrat, would simplify the Fafsa, the application all students must fill out to receive federal financial aid. The bill would slim the Fafsa from a daunting 108 questions to two: How much did your family earn two years ago, and how big is your family?
  • The second bill, from Sen. Marco...