Study: Most student loan fraud claims involve for-profits
Business / Education / U.S. News

Study: Most student loan fraud claims involve for-profits

WASHINGTON (AP) — Students who attended for-profit colleges filed more than 98 percent of the requests for student loan forgiveness alleging fraud by their schools, according to an analysis of Education Department data published Thursday. The study by The Century Foundation represents the most thorough analysis to date of the nearly 100,000 loan forgiveness claims known as … Continue reading

Government severs ties with for-profit colleges accreditor
Education

Government severs ties with for-profit colleges accreditor

WASHINGTON (AP) — Hundreds of for-profit colleges could close, leaving up to 600,000 students scrambling to find other schools, after the Education Department withdrew recognition of the nation’s largest accreditor of for-profit schools. The Accrediting Council for Independent Colleges and Schools said it would appeal Thursday’s decision to Education Secretary John B. King Jr. In … Continue reading