For-Profit

For-profit Pittsburgh Career Institute closes suddenly, citing ACICS shutdown

The institution said the Education Department’s decision to pull its accreditor’s recognition led to its demise.

By Jeremy Bauer-Wolf • Nov. 23, 2022

Education Department releases final rules on borrower defense to repayment, closed school discharge

New regulations set to take effect July 1 are an effort to hold colleges accountable while supporting students, officials say.

By Rick Seltzer • Oct. 31, 2022

How a boot camp sold ISAs and ended up filing for bankruptcy protection

Prehired faces a glut of state investigations. A critic says the case could indicate larger problems for a vocational niche that had been booming.

By Lilah Burke • Oct. 21, 2022

For-profit college owners should be on the hook for loan discharges, 6 senators argue

Key Democratic lawmakers asked the Education Department why it doesn’t hold executives personally liable when their institutions defraud students.

By Natalie Schwartz • Updated Oct. 20, 2022

Was the Education Department really to blame for Stratford University closing?

The for-profit institution's leader blamed federal regulators for pulling the plug on its accreditor. But experts say that's not the full picture.

By Natalie Schwartz • Oct. 6, 2022

Zovio takes steps to dissolve, aims to sell Fullstack Academy for $55M

The company pointed to enrollment troubles at its former client, the University of Arizona Global Campus, as driving its plan to go out of business.

By Natalie Schwartz • Sept. 21, 2022

Arizona shuts down Aspen University nursing program

After regulators stepped in, the for-profit said it would not be able to meet a required nursing exam student pass rate in the foreseeable future.

By Laura Spitalniak • Sept. 21, 2022

While students may have moved past COVID-19, housing operators still take precautions

Campus life is nearly back to normal, but supply chain and health issues continue.

By Leslie Shaver • Sept. 19, 2022

Even with record occupancies, most student off-campus housing turns go smoothly this year

Many operators have applied lessons learned during the pandemic to make the process successful as students return in force to off-campus housing.

By Leslie Shaver • Sept. 14, 2022

Last week’s big number: 25 times more likely to have a parent with a Ph.D.

A recap of last week’s major higher ed news starts with a look at faculty members’ family backgrounds.

By Higher Ed Dive Staff • Sept. 5, 2022

Education Department grants $1.5B in debt relief for Westwood students

The agency said 79,000 students are entitled to the relief because the for-profit chain widely misrepresented job placement rates and earnings outcomes.

By Natalie Schwartz • Aug. 30, 2022

75% of master’s programs with high debt and low earnings are at private nonprofits

Urban Institute report undermines narrative that programs with poor student outcomes are all at for-profit colleges and in the humanities.

By Lilah Burke • Aug. 12, 2022

Here’s a list of the colleges in the Sweet v. Cardona settlement agreement

A judge tentatively approved a plan to deliver automatic debt relief to borrower defense applicants who attended one of 150-plus institutions.

By Natalie Schwartz • Updated Sept. 28, 2022

Last week’s big number: 47%

A recap of last week’s major higher ed news starts out with a big jump in perceived quality of online education.

By Higher Ed Dive Staff • Aug. 1, 2022

For-profit secures accreditor’s approval for planned Montana medical school

Rocky Vista University plans to start enrolling students next year at the Montana College of Osteopathic Medicine.

By Rick Seltzer • July 28, 2022

Strayer University’s owner continues to struggle with enrollment declines

Revenue and enrollment fell in lockstep, contributing to Strategic Education's profit falling 23.8% from 2021's second quarter.

By Natalie Schwartz • July 27, 2022

Ed Department proposes tightening 90/10 rule and monitoring nonprofit conversions

Agency says new rules would strengthen oversight of for-profit colleges and reduce student debt, accomplishing Biden administration goals.

By Natalie Schwartz • July 26, 2022

For-profits oppose plan to forgive $6B in student loans to settle borrower defense case

The deal would relieve debts for 200,000 borrowers, but several institutions say it sidesteps regulations.

By Natalie Schwartz • Updated July 15, 2022

Last week's big number: 2.8%

A recap of last week's major higher ed news calls attention to public colleges losing net tuition revenue per student.

By Higher Ed Dive Staff • July 11, 2022

Last week's big number: 70 bills to restrict college instruction

A recap of last week's major higher ed news includes an argument against laws targeting classrooms and shows how much colleges relied on relief funding.

By Higher Ed Dive Staff • June 13, 2022

Last week's big quote: 'This is not enough'

A recap of last week's major higher ed news starts off with a challenge for universities that have links to slavery.

By Higher Ed Dive Staff • June 6, 2022

Biden to cancel Corinthian students' remaining $5.8B in federal loans

Some 560,000 borrowers will receive discharges under the borrower defense to repayment rule, making it the largest in Ed Dept history.

By Natalie Schwartz • June 1, 2022

Last week's big number: 662,000 fewer undergraduates

A new weekly feature, a recap of last week's major higher ed news, starts off with a stark enrollment statistic.

By Higher Ed Dive Staff • May 30, 2022

Zovio sells tutoring services business for $55M

The educational services company also said it repaid a $31.5M loan it took out in case it needs to pay for a judgment in a California lawsuit.

By Natalie Schwartz • May 24, 2022

Zovio in danger of delisting from Nasdaq

The University of Arizona Global Campus servicer's stock price fell below required levels. It will be removed if it doesn't rebound by the fall.

By Rick Seltzer • May 9, 2022