For-profit Institutions

Vets’ college success remains unknown

More than half of veterans using the GI Bill complete a certificate or degree in 10 years, according to the Million Records Project by Student Veterans of America. The report has a number of blind spots, writes Clare McCann on Ed Central. The Million Records report isn’t comparable to other Education Department data because it gives students more time […]

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Why job-seekers pick for-profit colleges

Some career-focused students choose a for-profit college over a much cheaper community college, writes Sophie Quinton on National Journal. In Virginia Beach, 27-year-old Darius Mitchell was “really tired of making $9 an hour.” After years working retail jobs, he consolidated previous student loans and took out more to enroll at ECPI University. He’ll graduate in May with […]

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Duncan uses bogus stat to hit for-profit colleges

“Of the for-profit gainful employment programs that our department could analyze, and which could be affected by our actions today, the majority — the significant majority, 72 percent — produce graduates who on average earned less than high school dropouts.” So said Education Secretary Arne Duncan at a White House news conference on March 14. That […]

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‘Gainful employment’ rules are ‘awful’

The new “gainful employment” rules are “awful,” ”unfair and discriminatory,” writes Richard Vedder on Minding the Campus. An Ohio University economist, Vedder directs the Center for College Affordability and Productivity. The gainful employment rules apply to vocational programs at career colleges (primarily for-profit) and community colleges. If the goal is to stop wasting government money,”why not scrutinize students […]

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Gainful employment for all

Gainful employment regulations are baaaaaaaack. The Obama administration will try again to regulate career training programs — primarily at for-profit colleges — that leave students in debt they don’t earn enough to repay.  The draft “includes standards for debt-to-earnings rates and other language that could generate significant debate,” reports the Washington Post. The Education Department […]

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ACCT: Aim ‘gainful’ rule at high-cost colleges

Gainful employment regulations should give a pass to low-cost programs with few borrowers, argues the Association of Community College Trustees (ACCT). Most community and technical college programs are in the “low cost, low risk” category. Only 9 percent of students seeking a vocational certificate go into debt, according to the ACCT statement. ACCT strongly encourages […]

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For-profit students like teaching, but not costs

Current and former for-profit college students like their school’s quality, but not the high costs, reports Public Agenda. Alumni aren’t certain their degree was worth it. Students and alumni “agree that their schools have caring instructors, keep class sizes small, and give effective guidance (though alumni are slightly less enthusiastic),” according to the survey. Current students […]

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Regulators threaten coding academies

“Coding academies,” which offer intensive, short-term training in programming skills, don’t rely on state or federal financial aid.  But California’s Bureau for Private Postsecondary Education is threatening to shut down “coding academies” and other training providers unless they apply for state licensing. The startups — which include places like App Academy, Dev Bootcamp, General Assembly, Hack Reactor, Hackbright Academy and Zipfian Academy –  typically […]

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What for-profit colleges do right

For-profit career colleges have much higher graduation rates than community colleges, writes Matt Reed, who’s worked in both sectors. Here’s how for-profits get more students to completion. It starts with minimal or no remediation, writes Reed. At DeVry, very few students started in remedial courses. When he moved to County College of Morris in New Jersey, he […]

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College bubble will pop

A college degree is “the ticket to the middle class,” according to President Obama, Education Secretary Arne Duncan and most parents and high school counselors, write Richard Vedder and Christopher Denhart in a Wall Street Journal commentary. But the college bubble will pop, they predict. As college costs rise, graduates’ earning advantage is declining. Since 2006, […]

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