For-Profit-Education Group Members,

LeadsCon Las Vegas 2012 is just six weeks away (February 28th and 29th). We were once again able to secure a special group discount of $200 off the current price and more than $400 off the on-site price.

In addition to two full days of conference sessions and networking, along with two receptions and a VIP after party, this year’s LeadsCon offers a few other goodies – a buyer’s only summit taking place on Monday, February 27th, and LeadsCon Playback – online access to sessions and interviews after the show available to all attendees.

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* Check out the Full Conference Program *
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Two full days of relevant and timely sessions:
http://leadscon.com/leadscon-las-vegas-2012/full-conference-program/

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* View the Exhibitor List *
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Your tickets gets you into the expo, along with all sessions and networking events:
http://leadscon.com/leadscon-las-vegas-2012/exhibitor-list/

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* See the List of Companies Attending *
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More than 500 have already signed up:
http://leadscon.com/leadscon-las-vegas-2012/companies-attending/

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* Buyer’s Only Summit *
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Exclusive content with no sellers, aggregators, or vendors:
http://leadscon.com/leadscon-las-vegas-2012/buyers-summit/

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* SAVE BIG *
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You MUST use this link in order to save. Registering through LeadsCon.com will result in you paying more:
http://leadscon.com/special-discount-for-profit-education-group/

(Offer valid on new registrations only. No refunds on existing registrations, but select cases will receive credit towards a future event. While supplies last. You MUST use this link above in order to save.)

We look forward to seeing you there!

Yesterdays Capital Round Table conference for PE investing in EDU was a full house.  It was good to see some many of the industry’s players together in one room discussing current issues & trends facing Education.  In addition, Anthony Miller Deputy Secretary and Chief Operating officer at the U.S. Department of Education was there to answer questions regarding current and pending legislation.  Tony was refreshingly honest when he said the the Department understands and acknowledges that for profit education providers are critical to reach America’s goal of education attainment.  He praised the continued innovation provided by the industry and welcomes more of the same.

2012 Issues to remember:

The Change

MOST Important The three rules – #1 Student Success, #2 Student Success, #3 Student Success

Long-term strong demographics and demand create a solid base for growth

Regulatory changes are largely complete in post-secondary while valuations remain at historic lows

Dramatic changes in traditional schools are underway

Real opportunities exist to build world-class companies

Great outcomes=Great businesses

The next conference for PE in EDU I believe is in June or July, it’s worthwhile to attend!

Brian Stoffel from the Motley Fool recently wrote an article indicating he may have been totally wrong in his opinions relating to the for profit education industry.

I spent the better part of my first year at the Fool raging against the for-profit education community. And it was for good reason: Enrollment is dropping, they get too much money from the government, and students are defaulting on their loans at alarming rates.

But after watching a recent speech by innovation guru Clayton Christensen, I’m starting to wonder if I am reading the situation completely wrong.

1. Competing against non-consumption
Christensen says that most innovation comes from companies that are able to bring products to people that otherwise would have no access to them…

2. Using different metrics
A typical college or university focuses on the quality of the research being conducted by faculty as a preeminent metric for value and worth that a college has. While that might seem great, it doesn’t do much to ensure that students are actually being taught…

3. New customers will be enticed into the system
With the cost of sending a child to college sky-rocketing, more and more students may look at online schools as a viable alternative…

Link to complete article

ForProfitEDU would like to extend an exclusive invitation to you to attend The Capital Roundtable’s conference on Private Equity Investing in For-Profit Education Companies, being held on Thursday, January 12 in New York City.

As a partner, we have the privilege to put your name on our VIP list, allowing you to register for a special rate of $995 — $400 off the standard registration price.

This day-long conference is being chaired by Chris Hoehn-Saric, Senior Managing Director at Sterling Partners, and features 20 experts.

For registration or inquiries, just call Anna Fagan at 212-832-7300 ext. 0, or email her at afagan@capitalroundtable.com. Please be sure to mention our name”ForProfitEDU.com”.

For more details, click link below:
http://capitalroundtable.com/masterclass/Capital-Roundtable-For-Profit-Education-Private-Equity-Conference-2012.html

I hope to see you on January 12 for what promises to be a great day.

Have a Wonderful Holiday!

P.S. Since we expect this conference to attract a strong attendance, please register as soon as possible to reserve your seat.

November 29, 2011

CareerMotivations today announces it’s free assessment service for students and career changers.   We provide a best in class validated assessment that helps prospective students determine career paths & college degrees which best fit their personal interests & motivations.  Combining a proven, reliable, fully validated assessment with the US Govt’s O’net, BLS & CIP code data allows us to provide an in-depth snapshot into one’s personal interests & motivations aligned with Career Path’s and associated College Degree programs.   Most agree that those who make well informed educational decisions are more likely to be students with higher retention, graduation & placement rates.
It’s about outcomes, we strive to ensure a Win – Win relationship between the student and the college.  Often students do not understand their motivations and therefore enroll in a path that leads to a lack of interest & boredom; when that occurs, the commitment vanishes and ultimately they drop out.  Since colleges are looking to improve outcomes and students are looking for guidance as to what’s right for them, CareerMotivations assessment provides that.
For Students: If you are a student or a working professional who is pursuing or advancing a degree, CareerMotivation’s online assessment can help you choose a specific degree that will lead you to your desired career path based on your personal motivations and interests. Selecting the right career path along with the associated degree program is an important step in reaching your future career planning, goals & success. Your personal career assessment will reveal your skills, interests, learning styles and motivation. The results are mapped to career & degree information which can be used as your guide for career development.
Solutions for Colleges: Colleges can offer the assessment to their prospective students  allowing both the student and the admissions reps to make a more informed decision.  We can map your college’s specific degree programs to the results allowing both admissions & prospective students to see which of your schools programs they are best suited for.  When you reach out to prospective students you can establish a value proposition and a trusted relationship with them & their families. The assessment when offered by your school will reinforce the importance of the decision they are looking to make and show them that you have their best interest in mind. What better way to establish a relationship of trust than by offering them a Free Career Assessment- one that helps them identify which career & educational path’s are available at your college is right for them. Advertising a Free Career Motivations assessment can also help attract new students, yield significant return with your recirc’s and reduce acquisition costs of students. Think of the relationship you establish with the prospective student and family when your admissions representative sits down with them to go over their results and helps them plan for their future and achieve their goals & desires.

Solutions for Call Center & Lead providers:

Lead providers can utilize a private labeled or co-branded version of the CareerMotivations assessment to increase lead generation volume and reduce the cost of prospect acquisition.  The registration can be customized to collect the data fields you require prior to users being able to take the assessment.  The registrations can be posted directly to your lead management system or dialer.  CareerMotivations believes the value of a lead who has taken an assessment is significantly higher than a lead alone.

About

CareerMotivations is an educational services company that specializes in providing interactive assessment solutions to secondary, post-secondary institutions and individuals. By capitalizing on proven techniques to determine a person’s educational and career motivations, we help identify mutually beneficial relationships between a student and their desired education and career path.

For more information on CareerMotivations services please visit www.careermotivations.com

Press Contact:

http://www.careermotivations.com/students/contact-us/

or email us at info (@) ffventures.com

Address:
14 Vervalen Street
Closter, New Jersey 07624

Phone: 201-564-7651
Fax: 201-215-0751

New article from the Chronicle:

Hollywood is a town built on illusions, and the Los Angeles Recording School sits at its center, a stone’s throw from the big-name studios its graduates dream of working for.

The for-profit college, which has trained thousands of students to be recording engineers, says it placed more than 70 percent of its recent graduates in jobs related to their degrees. But a new class-action lawsuit says those numbers are a fantasy designed to dupe prospective students and its accreditor, the Accrediting Council for Continuing Education and Training.

According to the suit, which was filed by a pair of former students last year, the college used “deceptive tactics and tricks” to make its placement rates appear higher than they were. It counted sales jobs at Apple and the Guitar Center as “creative positions” and offered gift cards to students who signed forms stating they were self-employed. It required its graduates to get business cards, then gave the cards to its accreditor as evidence the students were working.

“They were telling the public that they had a placement rate of 70 percent, but they had ways of getting around that,” said Sarah Woolston, a graduate and former career-services employee at the college.

The college, which is now in the process of closing, is fighting the lawsuit and denies any wrongdoing. In a statement, it said it “stands proudly behind the education it offers and remains focused on inspiring students with the experience and knowledge that they need to pursue a career in the entertainment industry.”

The allegations against the Los Angeles Recording School come as a growing number of for-profit colleges face lawsuits and investigations into their job-placement practices.

This month, Career Education Corporation, one of the largest for-profit providers, told investors that it had found “improper placement determinations” at some of its health-education and art-and-design colleges.

Click on the following link for the remainder of the article:

http://chronicle.com/article/Career-Colleges-Are-Accused-of/129754/?sid=at&utm_source=at&utm_medium=en

Association of Private Sector Colleges and Universities (“APSCU”) has put out a memorandum giving guidance for the Misrepresentation rule and Third party vendors.

Internet brings many assets to higher education. As with multiple other industries, however, the misuse of the Internet can have harmful consequences for consumers and organizations. With the possibility of so many different entities involved in online student recruitment, APSCU felt it both appropriate and important to provide its members with this guidance.

Click Here to view Memo

New article by Michael Clifford on significant Ventures

Some would say that the for-profit postsecondary sector is on its last legs… DOA. Capitalism.” He calls this framework for success his Four Gospels of Higher Education:

Fifteen publicly traded education companies have seen their stocks decline by 33% on average since December 2009 versus a 5% increase for the S&P 500. Media accounts abound of allegations regarding improper practices at publicly traded companies, including marketing misrepresentation and fraudulent reporting of placement rates. Twenty state attorneys general are investigating for-profit institutions. No other sector has been as demonized as the for-profit sector has among state and federal politicians over the past several years.

to read the article in its entirety: http://significantfederation.com/eblast/2011.09.14/landing/

Education Sector has created such a measure, the “borrowing to credential ratio.”For each college, we have taken newly available U.S. Department of Education data showing the total amount of money borrowed by undergraduates and divided that sum by the total number of degrees awarded.

The results are revealing:

• Nationwide, the overall borrowing to credential ratio has risen sharply in recent years.

• Certain segments of the higher education industry—in particular, for-profitcolleges—are racking up far more student debt per degree than others.

• State policies matter a great deal, with seemingly similar public university systems achieving widely varying results for students.

• Among elite colleges and universities, some are making good on their pledgeto help low- and middle-income students graduate without major financialburdens while others are riding a wave of student debt to fame and fortune.

Keep in mind that this formula does not take into account the enrollment growth and thus lack of time for those new students to graduate, thus in many of the for profits case their number are artificially high as if they added 5000-35000 new students their numbers are significantly elevated due to their newness and do not reflect actuals.  This is a decent indicator for those schools with consistent flat enrollments

but not for those with rapidly changing enrollments.  Thus, those schools with declining enrollments may show better that actual results while those with enrollment growth will show higher inaccurate debt amounts.

 click here to viewreport: http://www.educationsector.org/sites/default/files/publications/Debt%20to%20Degree%20CYCT_RELEASE.pdf