Facing Collapse, For-Profit ASA College Makes Troubling Moves
Faced with the increasing likelihood that it will be forced to shut down, New York-based for-profit ASA College has left students in turmoil, providing confusing messages about transfer options, refusing to refund tuition, adding new charges to student bills, and seeming to recruit and enroll new students even as it appears likely they will not
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Headhunter Sends Stark Robocall Seeking College Recruiting Chief
A recorded message sent from a corporate headhunter to various people in the for-profit college industry is getting attention from some industry members, because it is apparently an unusual use of so-called robocalling. The recording also presents in stark terms the kind of mercenary activity that is taking place with taxpayer-funded higher education dollars. In
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Feds Tell Accreditor SACS to Shape Up, Examine Keiser University
The U.S. Department of Education last month determined that one of the country’s major accreditors of colleges and universities is out of compliance with numerous federal regulations. It also directed the accreditor, the Southern Association of Colleges and Schools Commission on Colleges (SACS), to provide more information regarding its oversight of Florida-based Keiser University and
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Why Is Perdoceo’s Chairman Selling So Much Company Stock?
Todd Nelson, the executive chairman of Perdoceo Education Corp., one of America’s largest for-profit college companies, has sold a huge volume of his shares in the company in recent weeks — even as Perdoceo has been telling investors that things are going well. Nelson has frequently been featured on this website because of his outsized
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Troubled ASA College Loses Accreditation
Accreditor Middle States Commission on Higher Education has withdrawn accreditation from troubled for-profit ASA College. As a result, unless that decision is reversed on appeal, ASA will lose access to the federal student aid that has made up almost two-thirds of its revenue. In a letter dated November 11, Middle States told ASA that accreditation
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Keiser U Loses Court Argument Over Robocalls
A Florida federal judge last week rejected a motion by controversial career school Keiser University to dismiss a lawsuit brought by Maria Fernanda Soto Leigue, who says she was bombarded with messages from Keiser urging her to enroll – conduct that she claims violated Florida’s statute governing robocalls. The October 20 opinion by U.S. District
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ASA College Withdraws Bid to Stay Licensed in Florida
Troubled for-profit ASA College today told a Florida oversight agency that it is not seeking renewal of licensure for its Hialeah, Florida, campus, the only campus the company operates in the state. ASA’s president told a meeting of the Florida Commission on Independent Education (CIE) that the company plans to close the campus next spring
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Education Department Restricts Cash Flow to Florida Career College
The U.S. Department of Education has placed troubled for-profit Florida Career College (FCC) on Heightened Cash Monitoring 2 (HCM2), a restrictive status under which a school must request reimbursements from the Department for student financial aid, rather than getting payments in advance. The decision was recently made public through the Department’s quarterly filing of schools
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