Compliance & Regulatory

Career College Central Summary:

  • A Rhode Island woman has filed a lawsuit alleging that weak security measures at the for-profit college she attended in Boston allowed an intruder to enter her dorm room and sexually assault her.
  • The woman says in the suit filed April 2 in Suffolk Superior Court that a male non-student tried to rape her at New England Institute of Art after a security guard "allowed the nonresident assailant to enter the living area."...

Career College Central Summary:

  • IN FEBRUARY, 15 students of Corinthian Colleges, a private education company in the United States, decided to refuse to pay back their student debt. Within a month, the students on debt strike swelled to 100. These are among the 400 students who took out predatory loans to attend the for-profit Corinthian Colleges—part of a landscape of moneymaking private institutions. The U.S. government is not unsympathetic to the plight of these...

Career College Central Summary:

  • Hillary Clinton, on her first trip to Iowa after declaring her presidential candidacy, criticized for-profit colleges and talked about college costs in a discussion at Kirkwood Community College.
  • She said it was important to look at "some of the for-profit schools, some of the scandals that have arisen in these places where they have taken all this money… and put all these people into debt" without providing...

Career College Central Summary:

  • The U.S. Department of Education on Tuesday fined Corinthian Colleges nearly $30 million for misrepresenting job placement rates at its Heald College chain, which officials said the troubled for-profit education company must now begin the process of closing.
  • Department officials said the Corinthian-owned Heald, which mostly operates in California, provided inaccurate information about graduates’ job prospects at each of its 12...

Career College Central Summary:

  • The U.S. Education Department fined Corinthian Colleges Inc., the for-profit education chain, $30 million for misrepresenting job-placement rates to current and prospective students.
  • Corinthian’s Heald College misstated 947 placement rates that inflated the employment prospects of graduates, the agency said.
  • Heald, a chain of business schools, paid temporary agencies to hire its graduates to work at jobs on its own...