Purdue acquires Kaplan University to create a new public, online university under Purdue brand. Trump or No Trump, Can For-Profit Higher Education Reinvent Itself? - Eduventures. By Richard Garrett, Chief Research Officer The demise of Corinthian Colleges and ITT might be regarded as inevitable churn in a dynamic industry, but it also raises existential questions.
4 Things to Know About Online, For-Profit Education. When choosing an online program, Krishna Jackson of La Mesa, California, wanted flexibility, access to a campus and a bachelor's degree in communications.
Her education through the University of Phoenix, which combined online and on-site coursework, gave her all of that, she says. While online, for-profit programs face criticism for low graduation rates and questionable recruitment practices, the recent alumna says she was satisfied with her education. "I had to consider a program where I could work and go to school, and I could jump right in," she says. She also considered San Diego State University but says the application required more preparation. She was able to apply and start at the University of Phoenix almost instantly.
Best Practices Make Perfect. By Jeff Alderson, Principal Analyst This past week, Eduventures was in Washington, D.C. to take part in the annual data summit hosted by the P20W Education Standards Council (PESC).
While we arrived in DC too late to see the cherry blossoms at their peak, we arrived at a time when two topics were peaking in the minds of conference attendees: student data privacy and competency-based transcripts. On the same day that a bipartisan bill that aims to hold edtech vendors accountable for the security and sharing of student records was introduced in the Senate, I was asked to participate in a panel on best practices and industry trends in P20W education data systems. It did not take long for the discussion to circle back to how inconsistent interpretations and applications of privacy, as well as a leadership void in pushing student data initiatives forward, are having a chilling effect on the ability of responsible stewards of student information to share data for research purposes.
Higher Ed Lobby Quietly Joins For-Profit Schools to Roll Back Tighter Rules. The Obama administration is set to achieve one of its top domestic policy goals after years of wrangling.
For-profit colleges, which absorb tens of billions of dollars in U.S. grants and loans yet often leave their students with little beyond crushing debt, will need to meet new standards or risk losing taxpayer dollars. But as the July 1 deadline approaches, the troubled industry has been mounting a last-ditch effort to avert or roll back the new rules. And suddenly it’s getting a lift from a set of unlikely allies: traditional colleges and universities. For years, the higher education establishment has viewed the for-profit education business as both a rival and an unsavory relation — the cousin with the rap sheet who seeks a cut of the family inheritance.
For-profit chains announce a new wave of closures and sell-offs. For-profit Kaplan University expands its competency-based offerings with new transcript. Kaplan University will now offer personalized “competency reports” to its 45,000 students.
The announcement is the for-profit institution’s biggest move into competency-based education so far, adding momentum and, perhaps, risks for the emerging form of higher education. The university has been crafting its approach to competency-based education for more than a decade, said Kaplan officials. The project began by identifying specific competencies that students must master in general education courses, said Betty Vandenbosch, the university’s provost. About six years ago Kaplan started incorporating those general-education competencies across the curriculum. Then, in 2010, the university introduced assessments that seek to measure students’ mastery levels of course-level requirements.
Kaplan also has begun breaking its courses into modules, starting with programs in business, IT and health care. As a result, Kaplan’s modular experiment will stop short of discarding the credit hour. For-profit colleges sue Obama admin over 'irrational' new guidelines. The Association of Private Sector Colleges and Universities, a trade group that represents for-profit colleges, sued the United States Department of Education and Secretary Arne Duncan on Thursday over rules the Obama administration released last week that penalize career training programs for burdening students with massive debt while offering few job prospects.
The Education Department last week announced its so-called “gainful employment” rules, which base a program’s access to federal loans on whether the estimated annual loan payment of a typical graduate doesn’t exceed 20% of the student’s discretionary income or 8% of total earnings. The DOE said that programs that exceed those thresholds are at risk of losing their ability to participate in taxpayer-funded federal student aid programs. Alumni split on value of degrees from for-profit colleges. TAMPA — They are largely satisfied with their day-to-day learning experience, but some students who attended for-profit colleges are struggling to answer a key question in higher education: Is it all worth it?
A new study by the research group Public Agenda concludes that 32 percent of alumni of for-profit schools said their investment “really wasn't worth it,” with 30 percent saying it “remains to be seen” whether their degree would be worth the cost and effort. Thirty-seven percent of alumni said the experience was “well worth it.” Count Tampa student Niulca Tavarez among the latter group. She's studying clinical mental health counseling at Argosy University in Tampa and says she's “100 percent convinced” her education will pay off in the future. “If not, I wouldn't keep coming here,” Tavarez said. The Public Agenda report, “Profiting Higher Education?
The report said just 4 in 10 students at for-profits considered another school before they decided to enroll. email@example.com. For-profit colleges call new Obama administration rules unfair. March 14, 2014|Julia Edwards | Reuters.
States, federal government cracking down on for-profit colleges. Wednesday, March 12, 2014 - 10:01am CNN — NEW YORK (CNNMoney) -- When Hannah Benbow ran into problems with her for-profit college, she turned to the federal government for help -- but nothing happened.
On top of the $120,000 she had already borrowed, the Art Institute of Washington, in Arlington, Va., had told her she would need yet another student loan to cover $7,000 in fees that Benbow said were not disclosed to her before. "Since my parents and family have already co-signed my other ridiculous amount of loans, they were denied on this one," Benbow wrote in her letter to the Department of Education. The letter went on to detail other complaints, such as what she said were exaggerations and misrepresentations about job prospects for graduates and equipment that could not be found on campus. She never received an answer. For-profit school plans to cut cost of college degree in half.
In the for-profit college sector, bachelor's degrees often cost students two to three times the price of those offered at state universities.
Rasmussen College aims to eliminate that competitive advantage with a business degree that could cost less than those offered at its public counterparts. • Topic: Education The Bloomington-based chain's plans for the low-cost alternative program are in the very early stages. But if it succeeds, by the end of next year Rasmussen will offer what amounts to a $24,000 bachelor's degree. That's less than half of the school's $54,000 standard course, not including books and fees. Is Sudden Decline Of For-Profit Colleges Good For Education?