In a scathing report, the U.S.-based Education Trust is accusing American for-profit colleges of making out like bandits while students are left with crippling levels of debt.
The report lists a series of concrete examples of how for-profit higher education is failing:
The University of Phoenix – the nation’s largest for-profit postsecondary education provider – [...]
The cause of for-profit education in the UK took a blow yesterday with the news that BPP University College, the for-profit education company with degree-awarding powers made an operating loss of more than $190 million (£118 million). The losses were largely the result of the US parent company Apollo charging BPP $175million for poorer than [...]
Campaigners for trade unions and human rights in Colombia are reporting an incredible response to the letter sent from 1000 UK academics in support of Dr Miguel Beltran, the academic being tried for ‘rebellion’ by the Colombian government. The story was picked up by all the main Colombian newspaper websites, Colombia’s main TV channel and its [...]
In spite of persistent lobbying by the University and College Union, not least in our recent report on the scandals in the US for-profit sector, the Coalition government seems hell-bent on opening up the UK university sector for private sector profit. BPP, which is owned by Apollo, Kaplan and Laureate have been lobbying the government [...]
UK universities have been rocked in the last month by 40% cuts to public funding, proposals to raise student tuition fees to £9000, to completely marketise the funding base for many subjects and, predictably, to make it easier for US for-profit companies to expand to fill the gaps.
Firstly, the Browne review recommended removing the cap [...]
Students paying for-profit colleges and universities may be wondering where their fees are going. Bloomberg News is reporting that the executives at America’s top 15 for-profit colleges collected a whopping $2 billion in compensation last year. Remember, that’s the same year that the industry registered record loan-default and drop-out rates. And, oh yeah — the [...]
In an overall bleak picture for UK higher education, a small bit of good news this month as it was confirmed that the talks between INTO University partnerships, the private company that trades in language students and which has featured elsewhere on this blog, and Reading University had broken down. Following strong representations from the [...]
A UCU report on the scandals in the for-profit sector in the USA: http://www.ucu.org.uk/media/pdf/k/l/ucu_subprimeed_briefing_sep10.pdf