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Career College Central Summary:

  • The U.S. Department of Education plans to name the colleges whose access to federal money it has restricted because of concerns about the risk they pose to students and taxpayers. And most of the institutions placed on those financial sanctions in recent years have been for-profit colleges, newly disclosed federal records show.
  • Officials will release the list of colleges currently subject to extra scrutiny known as heightened cash...
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Career College Central Summary:

  • Under heavy criticism for not fulling knowing or revealing the full extent of student debt, U.S. education officials have released new data that shows about one-third of borrowers with federal education loans are late on payments
  • The information put out by the Education Department on Thursday doesn’t tell the whole story, but it’s the most comprehensive data that reflects the delinquency epidemic among student-loan...
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Career College Central Summary:

  • The Internal Revenue Service is warning college students and other taxpayers to beware of an emerging federal tax refund scam tempting students to relinquish their personal identification and file tax returns claiming fraudulent refunds.
  • Misleading and bogus refund claims using the American Opportunity Education Tax Credit have been identified on college campuses throughout the southeast region.
  • These schemes carry a...
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Career College Central Summary:

  • This article is by William G. Tierney, university professor and co-director of the Pullias Center for Higher Education at the University of Southern California, and James Dean Ward, a Ph.D. candidate in higher education at USC.
    • The small private liberal arts college may soon be an endangered species.
    • About a third of the nation’s approximately 4,500 private nonprofit and for-profit institutions have student...

Career College Central Summary:

  • The U.S. Department of Education is so concerned about the risk that dozens of colleges pose to students and taxpayers that it has curtailed access to federal money at those institutions -- but it won’t say which ones.
  • Even as it pushes to make far more information about colleges available to consumers, the department is keeping hidden from public view its decisions to punish certain colleges with funding restrictions known as...