Hot Topic: “For Profit Colleges

For-Profit College CEOs Reap Rewards of Weak Regulation

John Sperling, the CEO of the University of Phoenix, has cashed out $59 million in the company’s stock.

Posted Friday, July 15, 2011 by Zach Duffy

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CP & 36 Partner Groups Ask Senate to Oppose Free Rein For For-profit College Abuses

A coalition of groups sent a letter opposing efforts to reduce accountability for career colleges whose programs rip off taxpayers and leave students deep in debt.

Posted Wednesday, June 15, 2011 by David Halperin

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Why Did Senator Enzi Lead a Boycott of Today’s Hearing on For-Profit Colleges?

The HELP Committee Republicans reportedly reversed their decision when it was announced that Secretary of Education Arne Duncan would be testifying, but ultimately upheld their boycott after Duncan bowed out due to health issues and sent Under Secretary Kanter in his place.

Posted Tuesday, June 7, 2011 by Staff

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VIDEO: CP Director David Halperin Discusses Gainful Employment Rule on FOX Business

Host Gerry Willis and Halperin discuss the high default rates of students at career colleges.

Posted Monday, June 6, 2011 by Katie Andriulli

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Why Did For-Profit College Stocks Rise After the Gainful Employment Rule Was Released?

Curbing the abuses in this industry is a fight we can win.

Posted Friday, June 3, 2011 by David Halperin

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New Gainful Employment Rule Lets Many Schools off the Hook

Today the Department of Education released the final version of its gainful employment rule. The rule is a step in the right direction but it leaves much to be desired.

Posted Thursday, June 2, 2011 by Julie Margetta Morgan

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Department of Education Issues Final Gainful Employment Rule

Early this morning, The Department of Education announced its final “gainful employment” rule geared toward regulating the worst actors in the career-college industry.

Posted Thursday, June 2, 2011 by Katie Andriulli

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With Gainful Employment Rule on the Horizon, Supporters (and Opponents) Step Up the Fight

With the gainful employment rule set to be released any day now, Senate leaders and student champions took to the Senate floor last night against the worst actors in the for-profit college industry.

Posted Friday, May 20, 2011 by Katie Andriulli

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For Guidance on For-Profit Colleges, Look to the GI Bill

Former key Department of Education official speaks out on a critical issue.

Posted Wednesday, May 11, 2011 by Robert Shireman

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Campus Progress Responds to For-Profit Industry’s Self-Policing

Some bad actors in the for-profit college industry have spent the last decade becoming wealthy by abusing students and taxpayers.

Posted Thursday, April 21, 2011 by David Halperin & Katie Andriulli

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CNN’s Objectivity Doesn’t Extend to Covering the Gainful Employment Rule

A piece published on CNN Money only includes quotes from opponents of a regulation that seeks to bring greater accountability to for-profit schools.

Posted Thursday, April 21, 2011 by Kay Steiger

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New Report Attempts to Bring Transparency to For-Profit Colleges

Youth Today offers up a comprehensive report to put together important data on for-profit schools.

Posted Wednesday, April 20, 2011 in Reporting by Kay Steiger

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Harkin Hits Back at Critics of Hearings on For Profit Colleges

As we noted earlier this week, supporters of accountability for for-profit colleges cheered the successful effort by the Obama Administration and Senate leaders to keep out of the 2011 budget resolution a rider that would block the “gainful employment” rule.

Posted Thursday, April 14, 2011 by Katie Andriulli

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