For-Profit

Justice Dept investigates Walden U over claims of misrepresentation

The agency's probe could complicate Adtalem Global Education's plans to buy the university for $1.5 billion.

By Natalie Schwartz • Nov. 05, 2020

American Public Education's purchase of Rasmussen U grows nursing footprint

The $329 million deal comes as more for-profit colleges look to expand in healthcare education.

By Hallie Busta • Oct. 30, 2020

Adtalem to buy Walden U in $1.5B deal expanding healthcare programs

Laureate Education is selling the for-profit online college, which enrolls around 50,000 students, as it looks to grow outside the U.S.

By Hallie Busta • Sept. 11, 2020

U of Arizona to buy Ashford, setting up an online affiliate for adult learners

The deal is similar to that between Purdue and Kaplan universities and comes as more public institutions look to expand online.

By Hallie Busta • UPDATED: Aug. 3, 2020 at 5:31 p.m.

Report: Top Ed Dept official, Dream Center execs corresponded over accreditation issues

The House's education committee says its findings conflict with the U.S. Department of Education's version of events.

By Hallie Busta • July 28, 2020

Strayer, Capella parent wants to provide ed tech services to other colleges

The for-profit college operator expects more institutions will need help expanding their online footprints following the coronavirus pandemic.

By Natalie Schwartz • April 29, 2020

VA may stop approving new GI Bill enrollments at 5 universities

The department found "sufficient evidence" of false or misleading advertising, sales or enrollment tactics, and is giving the schools 60 days to make changes.

By Hallie Busta • March 09, 2020

A new state bill could challenge key interstate distance learning pact

Maryland legislation may test the limits of new federal state authorization rules and an agreement that lets colleges offer online programs out-of-state.

By Jeremy Bauer-Wolf • March 04, 2020

Zovio CEO discusses plans to pursue new partners after 'transitional year'

The company expects to begin courting universities for its ed tech services after spinning off Ashford University, its top exec told analysts.

By Hallie Busta • Feb. 21, 2020

Grand Canyon CEO: We're being 'selective' in the hunt for new partners

The company has said it is searching for additional universities to use its OPM services, but it's looking to fill a narrow niche.

By Hallie Busta • Feb. 20, 2020

In California, VA ends Ashford U's GI Bill benefits uncertainty

The decision follows the for-profit online university's drawn-out battle to remain eligible to receive veteran's education funds.

By Hallie Busta • Feb. 18, 2020

Grand Canyon Education pushes back on short seller report

The group looks to the Education Department's move to regard the namesake university as a for-profit, but some analysts question the conclusions.

By Hallie Busta • Feb. 07, 2020

Arkansas State mulls opening veterinary school with for-profit

The university and Adtalem Global Education, which owns the Ross University School of Veterinary Medicine, is planning a 180-day exploration period.

By Hallie Busta • Feb. 03, 2020

Deep Dive

3 trends impacting major for-profit college operators in 2020

The election could be a key deadline for complex nonprofit conversions and change of control applications, and colleges are "at the wire," one analyst said.

By Hallie Busta • Jan. 31, 2020

Morgan State looks to add for-profit medical school

The College of Osteopathic Medicine would be the first medical school to open at an HBCU in nearly 45 years, but similar private entities have drawn criticism.

By Jeremy Bauer-Wolf • Jan. 15, 2020

Dream Center lawsuit can proceed, federal judge rules

The decision is a critical step toward the discovery process, which the judge wrote will be key "to untangle the apparent web" of entities in the case.

By Hallie Busta • Jan. 08, 2020

Zovio moves ahead with plans to separate Ashford U

After talk of possibly selling the institution, the former for-profit college operator hopes to complete its transition to an education services provider by June 1.

By Hallie Busta • Jan. 07, 2020

Deep Dive

National American's financial woes raise questions for its future

Experts predict the demise of the once-prosperous for-profit chain, but they are uncertain as to whether it is viable enough to be sold off.

By Jeremy Bauer-Wolf • Dec. 20, 2019

Ed Dept outlines decision to keep Grand Canyon U for-profit

In a letter shared with Education Dive, the department claims separating the university aimed "to drive shareholder value." Grand Canyon has pushed back.

By Hallie Busta • UPDATED: Nov. 13, 2019 at 6:17 p.m.

Zovio cuts 300 jobs ahead of next move with Ashford U

The decision will help save $51 million in 2020 and could be a sign the company is looking more seriously at selling Ashford rather than spinning it off.

By Hallie Busta • UPDATED: Nov. 1, 2019 at 9:47 p.m.

Could a better monitoring system prevent sudden college closures?

In a new report, The Century Foundation suggests replacing the composite score with a wider range of financial responsibility standards.

By Hallie Busta • Oct. 10, 2019

Zovio: $103M letter of credit required to spin off Ashford U

The former for-profit college operator is weighing other options, which include selling the university while staying on as a services provider.

By Hallie Busta • Oct. 08, 2019

Bill would require accreditors to flag failing colleges sooner

Proposed legislation in the House calls on the agencies to ask for a teach-out plan or agreement if a college doesn't meet certain financial standards.

By Hallie Busta • Oct. 03, 2019

California's for-profit college crackdown meets resistance

A broad lobbying effort weakened a package of bills put forward in response to reduced federal oversight of the sector.

By Hallie Busta • Sept. 09, 2019

Ed Dept's final borrower defense rule raises bar for claims

The new rules require borrowers to go to greater lengths to prove they've been wronged, and projections show less loan debt will be recovered.

By Hallie Busta • Sept. 03, 2019