Monthly Archives: June 2012

College Marketer Settles Allegations of Preditory Practices

A College marketer that recruits veterans for mostly for-profit schools has agreed to a settlement with 20 state attorneys general over allegations of predatory practices.

Read more: College Marketer Settles Allegations of Predatory Practices by Michael Startford

National Advisory Committee on the Warpath on an Acceditor for Vocatrional/Technical Schools

Members of the National Advisory Committee on Institutional Quality and Integrity says that Middle States Commission on Secondary Schools, which accredits institutions in five mid-Atlantic states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands, should not be in the accreditation business. It is one of three entities affiliated with the Middle States Association of Colleges and Schools, which includes the Middle States Commission on Higher Education, one of the nation’s six regional accreditors of two and four-year degree-granting institutions.

Read More: Federal Panel Slams Group that Accredits some Vocational and Technical Colleges by Eric Kelderman

Temporary Answer to Student Loan Rate Increase

Congress has come together for a one-year extension to avoid the doubling of the student interest loan rate.

Read More: Senate Leaders Reach Tentative Deal on Student-Loan Interest Rate by Michael Stratford

 

Gainful Employment Numbers are Public

Gainful Employment numbers have been made public. About 5% are in the “trouble” zone according to the report. These numbers are for information purposes only and will not be used to discredit any programs from any institutions.

Read More: Opinion Piece from Inside Higher Ed – Missing the Mark on ‘Gainful’ by Libby A. Nelson

Raw Numbers – Downloadable Spreadsheet

APSCU Convention Overview

While the commentary is written with some negative undertones, here is a short overview of the APSCU Convention from one point of view. I found the convention to be hard faced with some important regulatory issues facing the sector which none are taking lightly.

Read More: Subdued Mood Pervades Meeting of For-Profit Colleges by Goldie Blumenstyk

For-Profits Investment on Politics

For-Profits are investing in the political candidates but are they banking on the right sides for the industry?

Read More: For-Profits Seek to Bankroll Change In Washington by Kelly Field

Unionization in For-Profits

A group has successfully voted to create a union for faculty in a section  Kaplan Education. Is this the start of a trend?

Read More: Kaplan Instructors Vote to Unionize at 3 New York Centers by Peter Schmidt

 

Over 2,000 Complaints on Student Loans

The Consumer Financial Protection Bureau has received more than 2,000 complaints from borrowers on issues regarding repayment and borrowing of students loans. CFPB is asking for help from schools, lenders and state agencies for help.

Read More: Consumer Agency Releases 2,000 Complaints About Private Student Loans By Michael Stratford

 

State Attorneys General Investigate a Marketer

The State Attorneys General for 15 states have launched an investigation of a lead generator for the education industry.

Read More: State Attorneys General Investigate Marketer for For-Profit Colleges by The Chronicle

Decision on Integrity Rules

U.S. Court of Appeals rules Tuesday on a challenge by APSCU and the US DOE. There were victories on both sides, but still much needs clarification.

Read More: Mixed Decisions on Integrity Rules by Paul Fain