Financial Aid and For-Profit Universities - Student Affairs Connection

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Financial Aid

For-Profit Universities

For-profit colleges, be warned: DOE is set to hold leaders personally liable for reckless spending

University Business

MARCH 3, 2023

In the midst of President Joe Biden’s Supreme Court defense of student loan relief, the Department of Education formally announced it would personally pursue leaders of for-profit institutions to pay unanswered debts their institution incurred from reckless spending and non-compliance with federally allocated financial aid dollars.

Financial Aid

Financial Aid Management Administration Higher Education

Predatory Colleges, Converted To Non-Profit, Are Failing (David Halperin, Republic Report)

Higher Education Inquirer

JANUARY 2, 2024

Department of Education to investigate Keiser’s schools, which have received billions in taxpayer-funded student financial aid. Senior Democrats in Congress, including senators Dick Durbin (D-IL) and Elizabeth Warren (D-MA) have called on the U.S.

Government

Government Recruitment Education Higher Education

For-profit colleges, be warned: DOE is set to hold leaders personally liable for reckless spending

Predatory Colleges, Converted To Non-Profit, Are Failing (David Halperin, Republic Report)

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