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The Federal Trade Commission (FTC) is taking on for-profit schools, rolling out new fines for colleges that mislead students about jobs and earnings prospects.
The Biden administration on Wednesday said it will cancel $6 billion in student loans for people who attended the Art Institutes, a system of for-profit colleges that closed the last of its ...
The Education Department canceled $1 billion of student debt but just for pending claims. Thousands of other defrauded students could be out there.
Mitt Romney said in early March: "Donald Trump is a phony, a fraud. His promises are as worthless as a degree from Trump University." His promises are as worthless as a degree from Trump University." [ 105 ] [ 106 ] Senators and fellow presidential candidates Ted Cruz and Marco Rubio raised the subject during televised debates in February and ...
The week of June 13, 2016, the corporation announced the planned closure of most of its Brown Mackie College campuses, with 22 of the 26 slated for closure. [54] In December 2016, the Southern Association of Colleges and Schools (SACS) announced that nine Art Institute campuses and all 15 South University campuses were placed on probation. [55]
A lawsuit argues that DeVos’ new standards “wrongfully denies student loan borrowers who have successfully established a claim through the borrower defense process most of the relief to which ...
For-profit colleges receive money for servicemembers and their spouses attending college while still in the military. [104] In fiscal year 2018, for-profit colleges received $181 million or 38 percent of all DOD TA funds. For-profit schools also receive money from DOD for education of military spouses. The program is known as MyCAA. [105] [106]
The Education Department (ED) is rejecting borrower defense claims of defrauded victims of predatory for-profit colleges, according to letters and emails received by three applicants who told ...