Monthly Archives: January 2013

World Bank Invests in For-Profit Education

“The International Finance Corporation on Wednesday announced a $150 million equity investment in Laureate Education, Inc., a Baltimore-based, privately held, for-profit education company that operates 65 career-oriented colleges in 29 countries. The investment is the largest-ever in education on the part of the IFC, an arm of the World Bank that focuses exclusively on the private sector in developing countries.”

Read More: Global Development and Profits by Elizabeth Redden

For-Profit Cuts Tuition

Rasmussen College has announced they will cut tuition by about 12% for all students and freeze rates for currently enrolled students.

Read More: Rasmussen Cuts Tuition by 12 Percent by Inside Higher Ed

Academics Honor Aaron Swartz

Scholars are coming out of the woodwork to honor Aaron Swartz, who committed suicide this month. Using Twitter and the hashtag #PDFTribute, academics from all over the world are allowing open-access to their research in support of Aaron Swartz’s open-access mission. A site has been created to collect many of the links being posted at PDFTribute.net.

Read more: Academics Memorialize Aaron Swartz with Open-Access Uploads by Xarissa Holdaway

Student Sues Medical School Claiming Violation of ADA

A federal appellate court has said a lawsuit claiming a violation of the American Disabilities Act by a medical student who was denied hearing-assisting technology for the purpose of attending medical school can continue. This ruling reversed a lower court’s decision to dismiss the case. A trial will now be held.

Read More: Hearing-Impaired Studnet’s Case Against Medical School May Proceed, Court Rules by Katherine Mangan

CA State University to Offer College Credit Through MOOC

San Jose Sate University is starting a pilot program with Udacity to offer three math courses online. these courses are free to all students but the courses may also be taken for credit at a reduced price to the normal price for the courses.

Read More: CA State U. will Experiment with Offering Credit fro MOOCs by The Chronicle of Higher Education.

Five Campuses Stripped of Accreditation

ACICS have revoked accreditation for five campuses in Rhode Island and Connecticut owned by American Enterprises, Inc. due to violations of the accrediting bodies regulations.

Read More: 5 For-profit Campuses Lose Accreditation After Abrupt Closures By Nick DeSantis