However, the amount of legal threats, lawsuits, hacking attempts, domain hijacking attempts, and so forth on the part of for-profit institutions around the world (especially from the US and Canada) is something that we deal with every single day.
Apollo Group Inc. (APOL), owner of the University of Phoenix and the biggest U.S. for-profit college, said first-quarter earnings fell 11 percent as new enrollment declined for a third straight quarter.
One more sign that colleges and companies see the financial possibilities of the international-student market: A British company that helps to bring students from China and other countries to campuses in the United States and other English-speaking nations has announced an investment of more than $100-million from a private-equity firm.
The International Finance Corporation on Wednesday announced a $150 million equity investment in Laureate Education, Inc., a Baltimore-based, privately held, for-profit education company that operates 65 career-oriented colleges in 29 countries.
Who was it who first admitted that they liked to go to bed at night with a Trollope? Well, like John Major before me, I'm not ashamed; I, too, often take a Trollope to bed with me. Like Walter Scott's, Anthony Trollope's novels read themselves, and make entertaining if sometimes caustic reading before sleep (truthfully, rereading in my case, as I invariably return to my favourites).
One of the big draws of online education is that it can be easily untethered from the traditional semester schedule, with online universities often offering new classes 52 weeks a year. But while they are convenient for students, and profitable for institutions, rolling starts for classes can mean flimsy job security for the adjunct professors who teach them.
Massachusetts Attorney General Martha Coakley has broadened her investigation into recruiting and lending practices at for-profit colleges and trade schools, which critics say leave students with mountains of student loan debt, but often do not lead to decent-paying jobs.
In remarks to the National Association of Independent Colleges and Universities Tuesday, a Republican Congresswoman used a Holocaust reference to suggest that private college leaders should have stood up to the Obama administration's regulation of for-profit colleges.
House Majority Leader Eric Cantor (R-Va.) rehashed the education portion of the GOP platform Tuesday, promoting for-profit colleges in a speech labeled a "rebranding" of the Republican Party.
“I am a Phoenix” is no more. The once-ubiquitous TV commercials touting student and faculty pride in the University of Phoenix have been replaced by a new ad campaign that its marketers hope will “project a hopeful, positive message for America.” It’s also designed to lay the ground for what one university executive called “a massive repositioning” of the institution.
Wisconsin is shaping up to be an important front in the battle over for-profit higher education, with a likely crackdown in Milwaukee and a brewing debate over tighter regulations at the state level.
Private college presidents head to Capitol Hill today to make the case for private higher education, hoping to maintain funding for federal student aid programs while slowing down what they see as an encroaching tide of new federal regulations.
Massachusetts Attorney General Martha Coakley has broadened her investigation into recruiting and lending practices at for-profit colleges and trade schools, which critics say leave students with mountains of student loan debt, but often do not lead to decent-paying jobs.
A US$150 million equity investment by the World Bank’s International Finance Corporation (IFC) into US-based for-profit education company Laureate Education will help spearhead a push into Africa, in line with World Bank aims to develop post-secondary education and skills training on the continent.
Shares of for-profit education companies traded higher on Thursday after DeVry Inc. reported strong quarterly results and the federal government said the Pell Grant Program, which provides financial aid to low-income students, is in better financial shape than expected.
In remarks to the National Association of Independent Colleges and Universities Tuesday, a Republican Congresswoman used a Holocaust reference to suggest that private college leaders should have stood up to the Obama administration's regulation of for-profit colleges.
When Albert Anarwat applied to the for-profit Aristotle University, in California, the Ghanaian student said he asked the university if the institution was accredited. Not only was he told yes, he said, but he also was told that if the university was not accredited, “How could they get a SEVIS number” – SEVIS being the federal Student and Exchange Visitor Information System. In other words, if the institution was not accredited, how could it be approved to host international students?
Aggressive recruiting by some of the state's largest for-profit colleges is drawing scrutiny from the Minnesota attorney general, who contends that students, many of them veterans, can find themselves unable to repay federal loans, leaving taxpayers on the hook.
The University of Phoenix’s accreditation woes are more serious than the for-profit giant had been told to expect, with a site team from its regional accreditor recommending last week that the university be placed on probation because of concerns about a lack of autonomy from its holding company, the Apollo Group.
Regent's College is to take over the American InterContinental University London in what is thought to be the first UK acquisition of a for-profit by a not-for-profit higher education provider.