For-Profit
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Deep Dive
Is University of Idaho’s acquisition of University of Phoenix a good idea?
Higher education experts warn that the public institution’s leaders will have to contend with the for-profit’s checkered past and take on unknown liabilities.
By Natalie Schwartz • May 22, 2023 -
2U’s first quarter revenue down 6% from prior year
The company significantly reduced its spending over the same period.
By Laura Spitalniak • Updated April 27, 2023 -
Explore the Trendline➔
sdominick/iStock via Getty ImagesTrendlineThe Higher Ed Dive Outlook for 2023
The federal financial aid system’s future, core admissions practices and the higher ed sector’s financial outlook will be shaped by developments that are likely to unfold this year.
By Higher Ed Dive staff -
Retrieved from Fox61 on March 24, 2023
A Connecticut for-profit nursing college shut down abruptly. Now it’s facing two state investigations.
Stone Academy closed down all of its campuses last month, leaving students who want to finish their education in the lurch.
By Jeremy Bauer-Wolf • March 27, 2023 -
The image by Farragutful is licensed under CC BY-SA 4.0
Education Department shares plans to make for-profit executives responsible for colleges’ liabilities
Officials describe new guidance as protecting taxpayer dollars and heading off risky behavior, but for-profits argue the move will limit student choice.
By Rick Seltzer • March 2, 2023 -
Embattled for-profit ASA College closes without teach-out plan
Accreditor Middle States Commission on Higher Education said ASA rejected plans to have students transfer to several colleges over compliance issues.
By Natalie Schwartz • Feb. 24, 2023 -
Opinion
DeLauro: For-profit online program management companies are the new predators in higher education
The ranking member of the House Appropriations Committee calls for an end to OPM tuition sharing based on enrollment.
By Rosa DeLauro • Jan. 31, 2023 -
The year’s biggest higher ed stories — so far
These topics have resonated most with our readers so far in 2022.
By Higher Ed Dive Staff • Dec. 5, 2022 -
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 -
The image by Sphilbrick is licensed under CC BY-SA 3.0
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