For-Profit: Page 5
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Grand Canyon sheds light on expansion plans
In a call with analysts Tuesday, the education services company said it is looking for three or four college partners that expect modest growth.
By Hallie Busta • Aug. 6, 2019 -
Parent company of Strayer and Capella U eyes expansion
The college operator said during an earnings call that it could add a co-branded location and expand its competency-based education program.
By Hallie Busta • Aug. 1, 2019 -
Report alleges Ed Dept helped prop up failing Dream Center
Lawmakers say the agency was changing its accreditation policy to benefit the struggling operator, but the agency says it was already working on the change.
By Hallie Busta • July 23, 2019 -
House passes amendment raising scrutiny of for-profit colleges' military benefits
Although the legislation lacks clear teeth, observers say the information it gathers would be critical to the continued oversight of for-profit colleges.
By Shailaja Neelakantan • July 15, 2019 -
Accreditor approves Ashford U's nonprofit conversion
Zovio, formerly Bridgepoint Education, has been trying to spin off the former for-profit college to complete its pivot to become a services provider.
By Hallie Busta • July 15, 2019 -
Deep Dive
4 takeaways from for-profit colleges' latest quarter
We reviewed the financials of publicly traded colleges to learn how they are adapting to regulatory scrutiny and demand for online education.
By Anastassia Gliadkovskaya • July 3, 2019 -
Short-term Pell Grants gain more support in Congress
The proposal stands to benefit community colleges and nontraditional education providers like boot camps, but concerns remain around quality.
By James Paterson • June 28, 2019 -
State, college officials say educational quality measures need a boost
A survey of two sides of the higher ed triad offers ideas for improvement as the industry contends with new credentials, providers and regulations.
By James Paterson • May 28, 2019 -
National American gets $8.5M loan from CollegeAmerica parent
It will provide cash needed to secure a letter of credit required by the Education Department for Title IV eligibility, but the lender has its own concerns.
By Hallie Busta • May 24, 2019 -
Shalina Chatlani
College Scorecard adds preliminary program-level data
Applauded by advocates for more accountability, the update also includes information on additional types of institutions and student groups.
By James Paterson • May 23, 2019 -
Sanctions continue on CollegeAmerica's parent company
Its accreditor told the operator to stop enrollment in 10 programs as well as provide outcomes data on others and justification for some marketing claims.
By Hallie Busta • May 17, 2019 -
Adtalem, Northeastern to offer AI certificate course
A new partnership between the former for-profit college operator and the university's business school is likely to expand to include corporate training.
By James Paterson • May 8, 2019 -
Getty Images
Deep DivePrivate equity's role in the rise — and fall — of for-profit colleges
Investors funneled billions of dollars into the sector during and after the recession, and they may be gearing up for another round.
By Ben Unglesbee • May 6, 2019 -
Judge orders end to Dream Center's ill-fated receivership
The legal process afforded the for-profit college operator protection from creditors, but it didn't prevent mass closures and damage to students and staff.
By Ben Unglesbee • April 30, 2019 -
InStride adds 2nd university partner
An Australian college will offer programs with the newly launched workforce-focused firm, owned by a private equity fund and Arizona State University.
By Ben Unglesbee • April 26, 2019 -
Deep Dive
Sudden death: Can the most damaging kind of for-profit closure be prevented?
Three major systems failing abruptly in four months is a sign the sector’s troubles aren't over and its oversight mechanisms may not be working.
By Ben Unglesbee • April 24, 2019 -
Purdue adds two corporate education partners
Eli Lilly and Cisco Systems will get custom programming from the arrangement, which sees the university looking to merge on-campus and online curriculum.
By James Paterson • April 23, 2019 -
IBM
IBM to offer tech skills training with U of Louisville
The first of four similar partnerships by IBM brings courses in emerging fields such as AI and data science to an economy being reshaped by automation.
By James Paterson • April 22, 2019 -
As National American U faces possible closure, Ed Dept tightens oversight
The for-profit college operator fell short of the agency's financial responsibility measures, prompting demands for a letter of credit and more disclosures.
By Ben Unglesbee • April 16, 2019 -
Why Arizona State is using a for-profit to help expand workforce partnerships
The venture launches as colleges across the U.S. look to add adult learners through strategic growth online.
By Ben Unglesbee • April 16, 2019 -
Adtalem buys financial services training unit for $121M
The acquisition comes as the for-profit college operator looks to strengthen its position in professional education.
By Hallie Busta • April 16, 2019 -
Bridgepoint acquires tutoring platform TutorMe as it rebrands
The for-profit changed its name to Zovio and moved its headquarters as it works to morph from a college operator into a tech-focused services provider.
By Ben Unglesbee • April 9, 2019 -
For-profit online students drawn by convenience but left 'disappointed'
The sector enrolls an outsized share of remote students, who in focus groups said they were frustrated by a lack of resources, a new Brookings report found.
By Ben Unglesbee • April 1, 2019 -
Report: Online learning growth continues, but opportunities for improvement remain
Uptake of online classes and programs varies across institutions, with more colleges expected to add new credentials and turn to third parties for help.
By James Paterson • March 27, 2019 -
By the numbers: A look at for-profits' latest quarter
Recent earnings reports show a sector facing uncertainty and exploring business model overhauls.
By Ben Unglesbee • March 20, 2019
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