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Student Loan Borrower’s Bill Of Rights Would Reform Disclosure And Servicing...
(Michael)In recent weeks, legislators have introduced a range of bills aimed at addressing student loans and revamping the laws governing those debts. Today, that push continued with the reintroduction...
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Corinthian Colleges Completes Collapse, Closes Remaining Campuses Effective...
Although it was nearly a year in the making, the largest collapse in U.S. higher education finally occurred Sunday, as embattled for-profit education chain Corinthian Colleges Inc. – the operator of...
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Legislation Would End Forced Arbitration In Student Enrollment Agreements
(sparkle-motion) When Education Credit Management Corporation announced late last year that it would buy 56 of for-profit education chain Corinthian College Inc.’s Everest University and WyoTech...
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Two Major For-Profit Education Chains Announce Closures, Sales Of Dozens Of...
(RiddimRyder) The for-profit education sector is getting a bit smaller after two of the largest proprietary college chains – Career Education Corporation and Education Management Corporation – revealed...
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Attorneys General Coalition Urges Dept. Of Education To Clarify Corinthian...
(fblumongoose) A week after nine senators urged the Department of Education to provide support to the thousands of students affected by the closure of now-bankrupt Corinthian Colleges schools — Everest...
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Senator Calls For Investigation Into Three For-Profit College Chains,...
(bluwmongoose) The struggle to protect students from potentially harmful for-profit college chains continued today as Illinois Senator Dick Durbin urged the Department of Education to investigate the...
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Senators Introduce Legislation To Close Federal Funding Loophole Exploited By...
(Hammerin Man) Legislators continued their crusade to rein in the abuses of predatory for-profit college institutions by introducing a measure today that would close a funding loophole that often led...
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Bill Would Restore Pell Grant Eligibility For Students Who Attended Defunct...
(MeneerDijk) The Federal Pell Grant Program provides need-based grants to low-income students to help pay for college, but the funds come with limitations: They are only available for six years or 12...
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Legislation Would Hold For-Profit College Leaders Accountable For...
Lawmakers on Tuesday continued their mission to protect consumers from unscrupulous players in the for-profit college industry by introducing legislation that would impose stiffer penalties and...
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Lawmakers Continue Crusade To Rein In For-Profit Colleges Targeting...
In recent months federal regulators and government agencies have increased scrutiny of for-profit colleges and their interactions with servicemembers, veterans and their families. Today, lawmakers...
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