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Section: Other News

Sources: ITT Educational Services Plans Bankruptcy

For-profit U.S. college operator ITT Educational Services Inc is preparing to file for bankruptcy after the U.S. government restricted financial aid to new students, according to people familiar with the matter. ITT’s move comes after it said last week it would shut its 137 technical college campuses in 39 states, where roughly 35,000 students are […]

September 16, 2016

What Comes After the For-Profits’ “Lehman Brothers” Moment?

Just as the fall of Lehman Brothers in 2008 heralded a much larger economic crash, the September shuttering of the ITT Technical Institute chain of for-profit colleges signals a broad crisis in higher education. ITT, which taught electronics, computer-based design, criminal justice and other careers to 45,000 Americans last year, had collected $5 billion in […]

September 16, 2016

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Education Department Releases College Scorecard Data

The Obama Administration has released new data and metrics for its college scorecard system, designed to help families understand the value of higher ed spending based upon graduation rates, job attainment and other areas of institutional merit. Like many ranking systems, the federal college scorecard ranks elite colleges and universities high for upper-tier scores in […]

September 16, 2016

College Requires Cultural Competency on Military Issues

When Daniel Rendon walked onto campus for the first time and saw all the other students lounging around laughing, listening to music, playing Hacky Sack, he felt completely out of place. After five years in the military, and some time trying to make ends meet with construction jobs that ended with a literal crash when […]

September 15, 2016

Help Available for Displaced ITT Students

In the aftermath of ITT Technical Institute’s abrupt shutdown in early September, more than 40,000 students were summarily bereft of their school and left with potentially unusable credits. The closure of all 136 ITT Tech campuses occurred practically overnight, one week into the new semester. While the school’s closure is certainly disruptive to students’ lives […]

September 15, 2016

N.Y. to Expedite Military Spouses’ Professional Licenses

ALBANY, N.Y. — Gov. Andrew Cuomo has signed a law to expedite the professional licensing of the spouses of military personnel on active duty who are transferred to New York. The law, effective in 180 days, will apply to military spouses who have “substantially equivalent” licenses “in good standing” to practice in other states. It […]

September 15, 2016

ViaSat, Veterans Team Up to Offer Electronic Assembly Course

CARLSBAD, CA — MiraCosta College has partnered with the Veterans Association of North County and Carlsbad-based ViaSat to create a new Electronic Assembly Course that will benefit those who are transitioning from the military for jobs as electronic assemblers at an advanced manufacturing company. The course, which is being offered by MiraCosta College’s Community Education […]

September 15, 2016

Veterans’ Affairs Aids ITT Constituents

ILLINOIS – Another organization has stepped forward to offer help to those affected by the closing of the ITT Technical Institute, this time with a focus on student veterans. Officials from the Illinois Department of Veterans Affairs (IDVA) – Veterans Education and Training Section (State Approving Agency) say their staff took immediate action to assist […]

September 15, 2016

Bridgepoint Education Must Forgive $24 Million in Loans

Thousands of students who took out private loans to attend Ashford University and the University of the Rockies, a pair of for-profit colleges run by Bridgepoint Education, will have their debt forgiven and payments refunded, the Consumer Financial Protection Bureau said Monday. Publicly traded for-profit colleges have been butting heads with state and federal regulators […]

September 15, 2016

For-Profits Accuse DOE of Targeted Attacks

For-profit supporters and Department of Education officials are sparring over claims that the federal government used its student aid disbursement power to change rules and force the closure of several colleges and universities in recent months, the Hill reports. Career Education Colleges and Universities CEO Steve Gunderson says that employment outcomes and debt-to-income standards disproportionately […]

September 15, 2016

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Naval Academy Ranks No. 1 Public Liberal Arts College

ANNAPOLIS, Md. (Tribune News Service) — The U.S. Naval Academy is the No. 1 public school among national liberal arts colleges, according to the annual U.S. News & World Report 2017 Best Colleges Rankings. The annual rankings, which were released Tuesday morning, compared more than 1,800 U.S. colleges, and access factors like academic quality, as […]

September 15, 2016

Agencies and Private Efforts Help Veterans Find Agricultural Opportunities

An increasing number of military veterans are interested in farming as a post-service career. Government agencies and private organizations are stepping up to support troops entering the agricultural industry. Special financing, product development and marketing, and education opportunities are available for farmer vets. Financing The Farm Service Agency (FSA) helps farmers finance farms, land, and […]

September 13, 2016

Bill Clinton Earned Millions from For-Profit Company

Laureate Education is the world’s largest for-profit college operator, a behemoth that enrolls more than 1 million students, online and on campus, at 87 schools across 28 different countries. And, as the Washington Post recounts in a long feature this week, the company paid former President Bill Clinton some $17.6 million over five years to […]

September 13, 2016

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Four Issues Drive the Adjunct Faculty Movement

University Business profiles four of the major issues of contention between adjunct faculty members and colleges nationwide: job stability, compensation, inclusion in governance and promotion. Adjunct faculty members account for more than 75% of all instructional positions at colleges and universities nationwide, but command low wages and are often denied comprehensive benefits by institutions. Read […]

September 13, 2016

ITT Students Learn Some Credits Won’t Transfer

TAMPA, Fla. (WFLA) – ITT Tech student Ronnie Wyche couldn’t believe the news. It brought tears to his eyes and broke his heart. ITT Technical Institutes announced Tuesday that it will be closing all of its academic locations around the country, including its Tampa campus at 4809 Memorial Highway. All of Wyche’s hard work, all […]

September 13, 2016

ITT Students Lost Veteran Benefits, Loans, Time and Dreams

Phillip Brown of Carpentersville was eight months away from graduating with a bachelor’s degree when his school, ITT Technical Institute in Oak Brook, suddenly shut down this week. The U.S. Army Purple Heart veteran, who was wounded during a bomb blast in Iraq, already used up about $90,000 in veteran benefits at ITT. He now […]

September 13, 2016

Massachusetts Launches Website for Ex-ITT Students

BOSTON —Massachusetts officials have created a website to help former students of ITT Technical Institute after the chain of for-profit colleges abruptly shut down nationwide. The website was announced by Republican Gov. Charlie Baker. It advises former students on how to apply to have their federal student loans erased and how to transfer course credits […]

September 13, 2016

Ohio Colleges Field Queries from Potential ITT Transfers

COLUMBUS, Ohio — Some Ohio colleges are fielding queries from potential transfer students left stranded in the midst of their studies when the for-profit chain ITT Technical Institute closed its campuses. The for-profit college closed its more than 130 campuses across 38 states after the U.S. Department of Education banned it from enrolling new students […]

September 13, 2016

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