Anonymous letter
From time to time we receive anonymous letters from people who have something to say, but don’t want to be outed/exposed, here is a recent one:
I have heard most if not all of the arguments & viewpoints against the way for-profit schools market. I have heard all of the name calling, the comparison to the [...]
Gainful employment, what it can mean to forprofit schools
During long winded negotiated rulemaking for Higher Education, the US DOE proposed defining gainful employment by establishing a 8% debt to income threshold (debt to income is also commonly used for mortgage limits) based on median student debt for recent college graduates with income based either on Bureau of Labor Statistics 25th percentile wage data [...]
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Where do opportunities for innovation exist in education in the new decade?
Repost from our linkedin group…much more there join the group by clicking the linkedin button top right of website.
The tradition classroom is changing. People have ever increasing demands on their time. Finding new ways to deliver a traditional education is a growth area for innovation in education.
Textbooks are continuing (and need to continue) to move [...]
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Apollo Group, Inc. Resolves University of Phoenix False Claims Act Case Agreement Provides for $67.5 Million Payment, Plus Attorneys Fees
PHOENIX–(BUSINESS WIRE)–Dec. 14, 2009– Apollo Group, Inc. (NASDAQ: APOL) (the “Company”) today announced that it has entered into an agreement with the United States of America, acting through the U.S. Attorney’s Office for the Eastern District of California and the U.S. Department of Justice on behalf of the U.S. Department of Education, and with two [...]
For-Profit Ed: NegReg Draft Rules Tough on Several Key Issues
Yesterday after the close, the Department of Education (DOE) delivered a draft of the Negotiated Rulemaking (NegReg) regulations that align with a negative scenario:
1) Tying Title IV eligibility to a “gainful employment” metrics including cost of program , loan debt, and income after graduation. (apparantly to be applied to vocational programs only)
2) Getting rid of all [...]
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Security Analyst Faults Barron’s Cover Story on For Profits
Security Analyst Faults Barron’s Cover Story on For Profits:
A cover story (http://online.barrons.com/article/SB125755384448934953.html#articleTabs_panel_article%3D1%26articleTabs%3Darticle) this week in Barron’s takes aim at for-profit colleges and universities, saying student graduation rates and default rates are worse than those at traditional colleges, and that student dropout rates are as high as those at public universities.
”For-profit schools like to blame dropouts [...]
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EDU stocks continue to get hit
Clearly the EDU stocks are continuing to get hit. Apol is leading the downward trend, but the others are following. Many of the analysts I speak with are still concerned about pending legislative changes… Thought they all agree that for the most part on the state level the for-profits are welcomed, but at the federal/national [...]
Education committee hearing of the U.S. House of Representatives
If U.S. education officials follow through on their assurances to lawmakers Wednesday, higher-education institutions that participate in federal student aid programs could face a lot more scrutiny in how they enroll students.
At an education committee hearing of the U.S. House of Representatives, an Education Department official and a government investigator vowed to go after institutions [...]
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ForProfitEDU.com welcomes veteran journalist Andrea Foster
ForProfitEDUis proud to welcome future contributions from veteran journalist Andrea Foster. Our relationship with Andrea Foster is a positive step in our continued efforts to provide you with quality industry content. We look forward to the work she will be sharing in the coming months.
Andrea Foster is a veteran journalist whose specialty is education, technology, and Congress. She [...]
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BMO Back to School conference was a full house!
It was great to see the crowded halls & conference rooms at the BMO Back to School conference in NYC yesterday. Jeffrey Silber & group attracted a full house of who’s who from both the EDU crowd & the financials who are interested in them. Over 800+ people registered for this event and it sure [...]
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