12 hrs ago
Anthem College shuts its doors in Minnesota
Anthem College, a health-career school in St. Louis Park , has quietly closed up shop after 18 years in Minnesota.
22 hrs ago
Corinthian faces uphill struggle to sell Everest colleges
It took a cryptic message on her college login page to alert Stephenie Wickiser to the plight of the company that owns her online university.
Thu Jul 24, 2014
KSDK-TV Saint Louis
Durbin takes stand against for-profit collegesDurbin takes stand...
United States Senator Dick Durbin is taking a stand against for-profit colleges from recruiting at on-base career fair and job training events.
In Its Death Throes, For-Profit College Chain Spent Over $100,000 A Month On Lobbying
From April to June, which turned out to be the last three months of its corporate lifespan, for-profit education chain Corinthian Colleges spent $320,000 lobbying Congress , according to Bloomberg.
Durbin Puts His Mark on Defense Bill
Waging war on smoking, for-profit colleges and tax loopholes may sound like odd subjects for the military spending bill, but not when you consider who is wielding the gavel.
Wed Jul 23, 2014
The Orlando Sentinel
Crack down on colleges for students, taxpayers: Editorial
Finally, federal regulators are getting tough on for-profit colleges. The reason is simple: Taxpayers and students have gotten gouged too often, and for too long, with too little to show in return.
Part 1 of For-Profit Schools - Not Enough Karma
I used to work for them. They bought out my little school over 10 years ago when we took in people who made $5 an hour and trained them to make $12 per hour.
RIP James Wang - Unfortunate End To Oceanstone's Outperformance
On July 18th, the Oceanstone Fund announced that its founding manager James Wang had passed away.
Tue Jul 22, 2014
Stars and Stripes
Senate moves to rein in career colleges popular among troops
Troops should think twice before enrolling in one of the country's largest for-profit university chains as it faces the government-supervised sale of its campuses and charges it preyed on the military, Sen. Dick Durbin, D-Ill., warned Monday.
Aequitas legal feud escalates, opponent asks for a limited receiver
A legal dispute between a Southern California company and one of Oregon's biggest investment firms has escalated into a request to put an arm of the firm in receivership, a move that could result in a court officer temporarily overseeing a part of its operations.
Mon Jul 21, 2014
Corinthian Colleges to be monitored by ex-U.S. Attorney Fitzgerald
Former federal prosecutor Patrick Fitzgerald agreed to serve as an independent monitor of Corinthian Colleges Inc, the struggling for-profit education company that agreed to sell or close its campuses, the U.S. Department of Education said on Friday.
Everest Institute in Eagan to close as for-profit college chain ordered out of MN
Corinthian Colleges Inc., which has been under scrutiny from the U.S. Department of Education , will close its 300-person Everest Institute in Eagan and sell off two other Minnesota programs.
Sun Jul 20, 2014
More scrutiny needed on for-profit colleges
The message is simple: Taxpayers and students have gotten gouged too often, and for too long, with little to show in return.
Fri Jul 18, 2014
Barriere Star Journal
Everest College Canadian campuses to be sold
An Ontario career college is looking for a new owner after its troubled U.S. parent company announced it would sell off or close down all its campuses.
Inside Bay Area
Corinthian Colleges: former U.S. attorney Patrick Fitzgerald appointed as monitor
One of the nation's most prominent federal investigators, former U.S. Attorney Patrick Fitzgerald, will monitor the sale and closure of for-profit career colleges owned by the failing Corinthian Colleges, the U.S. Department of Education announced Friday.
Prosecutor to monitor for-profit college chain
The Education Department says a former federal prosecutor will monitor a troubled for-profit education company that has agreed to sell or close its campuses.
Wed Jul 16, 2014
Los Angeles Times
Corinthian boosted figures to obtain federal funds
Federal and state investigators have long viewed Corinthian Colleges as one of the most problematic players in the troubled for-profit college industry.
Mon Jul 14, 2014
Univ. of Phoenix faces gov't financial aid review
The for-profit education company said Monday that the government review, which is scheduled to start Aug. 4, will initially cover the 2012-13 and 2013-14 years.
Everest University to sell Broward school as part of settlement
The parent company of for-profit Everest University is selling its Pompano Beach school as part of a settlement with the federal government.
Sun Jul 13, 2014
Indianapolis Business News
For-profit educator closing 12 campuses in 11 states
The dozen campuses that for-profit education company Corinthian Colleges Inc. is closing operate under the Everest name and are scattered in 11 different states, including Indiana, the company announced Tuesday.