Higher-education companies have seen a mixed bag of spending sprees and lawsuits in the past several weeks, as well as the first public offering in nearly five years.
Higher-education companies have seen a mixed bag of spending sprees and lawsuits in the past several weeks, as well as the first public offering in nearly five years.
A private university in Belarus is going to suspend its operations after being given two weeks to vacate its main building by the government, which appeared to marshal its forces last week...
Apollo Group, the company that built the University of Phoenix into the largest university in the United States by catering to working adults, is now moving to serve younger college students.
Apollo Group, the company that built the University of Phoenix into the largest university in the United States by catering to working adults, is now moving to serve younger college students.
Washington legislators have taken the first step toward creating a voucher system in higher education with new rules that let state-funded enrollments go to private colleges.
The Career Education Corporation, operator of the Katherine Gibbs secretarial schools and for-profit colleges, said two of its colleges were being reviewed by organizations that certify them. American InterContinental University was put on ''warning status'' by the Commission on Colleges of the Southern Association of Colleges and Schools, and Brooks College has been put on probation by the Accrediting Commission for Community and Junior Colleges of the Western Association of Schools and Colleges, Career Education said.
The growth of Singapore's private education may face interruption as complaints have increased over the past few years. For instance, a private higher education institution has been sued for misleading advertisement of a program and breaking promises to students, and even a widely-recognized private institute has been castigated. A fear is that improper behavior undermines Singapore's aspirations to be an international education hub.
Finances continued to wilt at public and private colleges during the past year as income streams slowed and budget managers turned up the heat. Yet for-profit institutions -- both publicly traded and privately held -- posted record gains. Revenues of the top 10 publicly traded higher-education companies grew in excess of 30 percent.
Universities and colleges are busy enrolling new students but for many non-public higher education institutions, this time of year has become a scramble for money.
While the 17 public universities and university colleges are rather autonomous and self-sufficient, never short of student enrolment and comfortably funded by the Government, the private sector feels somewhat like a stepchild in need of more attention.
A major for-profit distance-education company has signed a licensing deal with the Acacia Research Corporation, which claims to own patents that cover all online audio- and video-streaming technologies. Officials at Acacia would not disclose the terms of the deal, but noted that institutions on average would pay $5,000 a year.
A major for-profit distance-education company has signed a licensing deal with the Acacia Research Corporation, which claims to own patents that cover all online audio- and video-streaming technologies. Officials at Acacia would not disclose the terms of the deal, but noted that institutions on average would pay $5,000 a year.
In the two months since federal agents brandishing search warrants and grand-jury subpoenas swarmed ITT Educational Services' Indianapolis headquarters and 10 of its campuses, anxieties have been running high in for-profit higher education.
Officials of South University, a proprietary-college system based in Savannah, Ga., took a calculated risk five years ago. At a time when nursing programs at many traditional colleges were struggling to attract students, South figured that it could profitably enter the field of nursing education.
In legislation that Republican Congressional leaders introduced in May to extend the law that governs most federal-student aid programs, for-profit colleges came out on top.