Blog

Congress Is Creating Conditions for Another Corinthian Scandal

Corinthian Colleges has become the poster child for what’s wrong with the for-profit college industry. It misrepresented its job placement — the eligibility criteria for it to receive federal funds — and abruptly closed its doors when the federal government demanded some accountability.

The immediate victims of this business’ collapse are the thousands of students left with debt, worthless degrees, or both. The secondary victims are taxpayers.

An Open Letter to College Dropout Factories

Dear College Dropout Factories,

As part of our quest to increase the public demand for greater accountability in higher education, The Education Trust has continued our commitment to identifying four-year colleges and universities that fail to graduate the vast majority of their students in a timely fashion. Roughly 95 percent of all other four-year institutions have higher graduation rates than you do. This year, 113 institutions made the list of college dropout factories, 65 of which were on this same list last year...

A Plan for Making College Affordable

If you’ve been following #highered on social media lately, you may have noticed that college affordability and student loan debt are attracting attention of the 2016 presidential contenders. Many candidates harp on colleges to lower costs and on states to increase their funding, but any solution to making college more affordable needs to do more...

For Corinthian Colleges Students: What You Need to Know about Debt Relief

Earlier today, the U.S. Department of Education announced new steps to protect students from abusive for-profit colleges, as well as a new debt relief process for students at Corinthian Colleges – which operated schools under the names Everest, Heald, and Wyotech.

Information for borrowers is available at the Federal Student Aid (FSA) website...

What I Didn’t Know About Choosing a College

When I was a high school senior (many moons ago), I thought I was well-equipped to make the best college choice for me. I had read the brochures (Google wasn’t a thing back then); talked with my school counselor as well as friends and family; and visited campuses to check things out in person. After doing all of that and receiving acceptance letters and financial aid packages, I made a decision...

An Updated College Results Online = More Data for You

College Results Online has been updated with the most recent data from the federal government (2012-13), giving you even more information to compare in this one-stop shop tool. At CollegeResults.org — now in its 10th year of compiling and sharing critical information on colleges across the country — you can select nearly any four-year college or university and compare its graduation rate with that of similar institutions serving similar students.

The Lumina Foundation’s “Where Financial Aid Began: Partnering with Campuses and States”

The last time we checked in, we shared Part 3 of the Lumina Foundation and Institute for Higher Education Policy’s Looking Back to Move Forward: A History of Federal Student Aid. It’s a great documentary series on the evolution of federal student aid. 

CFPB Public Hearing on Student Debt

If you live in Milwaukee or plan to be there this week, consider joining the Consumer Financial Protection Bureau for a public hearing on student debt this Thursday. 

Reminder: What happens to your student loans if your school is shut down

When you’re told that your college will be shutting down, there can be a lot of uncertainty about what comes next. In light of recent closures of certain for-profit colleges, we wanted to share some helpful advice to help you navigate the situation.

Working Toward a Fresh Start for Corinthian Students

Imagine this: You’re 24, have your high school diploma, and have been working in a low-wage job for six years when you see an advertisement for a new career training program at a local, for-profit university. The ad promises to teach the latest, cutting-edge skills that will guarantee you a high-paying career...