Suze Orman teaching personal finance class — at the University of Phoenix
If you were teaching a course on how to manage personal finances, one of the best pieces of advice you could give is to avoid attending a for-profit…
University of Phoenix
ED rulemaking includes input on controversial ‘gainful employment’ rules
The U.S. Department of Education (ED) will kick off a new round of public hearings on the oft-discussed “gainful employment” regulations, which the for-profit college industry has successfully…
House cracks down on for-profit recruiters targeting GI Bill benefits
The U.S. House of Representatives responded to military veterans’ scathing criticism of for-profit colleges last week and passed legislation that will prevent schools that accept GI Bill benefits…
Online colleges ‘wage war’ with student aid fraudsters
Online programs at some colleges have stopped accepting student applications from states known as hotbeds for fraud rings that sign up students for courses, receive student loan payments,…
University of Phoenix founder John Sperling sells $59 million in stock as shares soar
In the six weeks since the Obama administration issued weaker-than-expected rules governing student debt at for-profit colleges, the University of Phoenix's founder and executive board chairman has cashed…
For-profit colleges face more scrutiny in new report
A government report released Aug. 4 details “fraudulent” practices among recruiters for some for-profit colleges, and public criticism of the popular institutions has mounted as recent statistics show…