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Cloud over for-profits persists as DeVos moves to ease rules
Cloud over for-profits persists as DeVos moves to ease rules
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DeVos will not seek further delay of Obama for-profits rule
DeVos will not seek further delay of Obama for-profits rule
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Students defrauded by for-profits may not get full relief
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Students who were defrauded by the for-profit Corinthian Colleges may not get their loans forgiven entirely, the Education Department announced Wednesday, in a reversal of the Obama administration policy of wiping out the debt.
Under President Barack Obama, tens of thousands of students deceived by the now-defunct schools had more than $550 million in…
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For-Profits to Blame for Most Student Debt Defaults
For-Profits to Blame for Most Student Debt Defaults
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WASHINGTON —
Students who attended for-profit colleges were twice as likely or more to default on their loans than students who attended public schools, according to a federal study published Thursday.
The report by the National Center of Education Statistics looks at students who began their undergraduate education in 2003 and defaulted on at least one loan over the next 12 years.…
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This is what MOOCs hope to do. "Flex Choice, which the school rolled out this year, enables students to earn free credit by taking fully automated online courses in general-education subjects and those related to their major at their own pace. The program uses computer simulations designed to test students' competency in various areas." The major catch is that these credits would only be as valuable as the "marketplace" of higher ed will allow. The Business degree is indeed becoming a commoditized degree, but how valuable will this degree actually be once students complete it? And will any other institution accept these credits if students change their minds about attending this one? I imagine the answer to the first is not very and the answer to the second is not very many. But that is only based on my experience as someone who has spent more than a decade teaching and advising students in higher ed: what do I know about the brave new world of crappy ed these fools have planned.
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