Tag Archives: proprietary colleges

obama Department of Education’s New Student Aid Rules

(San Francisco, CA)-  In recent news, for-profit institutions have been receiving a lot of press for their use of student aid and the resulting debt students leave with. Recently, Secretary Arne Duncan and the U.S. Department of Education have issued new student financial aid rules against the for-profit higher education sector. This comes after much [...]

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Tag Archives: proprietary colleges

Changes at Capella University with New President

Capella University is an online for-profit college that is 100% virtual offering a variety of online college courses.  They do not have a physical campus where students can go and sit in lecture.  It was established in 1991 by Dr. Harold Abel and Stephen Shank, former CEO of Tonka.  Abel and Shank wanted to create [...]

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Tag Archives: proprietary colleges

University of Phoenix Parent, Apollo Group, on Defensive

In a recent article in the Chronicle, it was disclosed that many for-profit colleges are under the microscope in Congress.  In recent news, these “institutions” of higher education have been on the defensive having to explain their bold recruiting practices and ridiculously high student-loan default rates. Most recently, the nation’s largest for-profit higher-education company, the [...]

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