For-profit colleges getting more GI Bill dollars

The University of Phoenix benefited the most from GI Bill educational money.

The new Post 9/11 G.I. bill, which substantially boosted education benefits for veterans, has been a windfall for large chains of for-profit colleges, according to figures released Sept. 22 by Senate Democrats arguing for tighter regulation of the sector.

Data on the first two years of the program show large numbers of veterans — and the government dollars that follow them — going to for-profit chains.

Of the $4.4 billion the Department of Veterans Affairs disbursed during the 2010-2011 academic year, $1 billion went to just eight for-profit schools. The top seven recipients were all for-profit institutions.…Read More

Model online school gets big gift from Gates Foundation

WGU Indiana students graduate in an average of two and a half years.

An expanding online university that allows students to move through coursework based on competency, not just class credits, received a $4.5 million grant that will be used to bolster its web-based programs in Indiana, Washington state, and Texas.

Western Governors University (WGU), a Utah-based nonprofit online school formed in 1999 with about 20,000 students nationwide, announced Aug. 29 that the Bill & Melinda Gates Foundation had awarded the grant in support of the university’s newest statewide programs.

Read more about the Gates Foundation in higher education……Read More