For-Profit Schools Sue to Stop Reforms
For-profit schools, some of which are accused of failing to properly educate while loading students with debt, have banded together to fight the introduction of three federal reforms.For-profit schools, some of which are accused of failing to properly educate while loading students with debt, have banded together to fight the introduction of three federal reforms.
The new rules are aimed at stopping deceptive advertising by educational institutions, ending the practice of recruiters being paid according to the number of students they enroll, and a move to force states to authorize postsecondary schools. –JCL
Wait, before you go…Reuters:
A group of for-profit schools — some accused of failing to properly educate students while loading them with debt — filed a lawsuit against the federal government on Friday to stop implementation of three reforms.
The Association of Private Sector Colleges and Universities, which represents more than 1,500 for-profit schools, filed a lawsuit in the U.S. District Court for the District of Columbia asking for the Education Department to voluntarily withdraw three rules that are due to go into effect on July 1.
APSCU spokesman Bob Cohen said the suit was filed on Friday.
If the department refuses, the group asked for a preliminary injunction stopping them.
If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.
Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.
Support Truthdig
Economic Justice
Some with outstanding loans say they plan to boycott the payments altogether.
Economic Justice
The policy brief recommends a "pause in debt payments" to "allow developing economies weighed down by debt to mitigate some social effects of these shocks, using resources earmarked for debt servicing."
Books
The writer's friends and comrades reflect on his monumental work.
Opinion
Decades of looking to the IMF for salvation has yielded only crises.
Massive economic inequality has forged a generation that is deeper in debt, poorer paid and half as likely to own a home as its parents.
America is hurtling toward a series of catastrophic debt crises. An ancient Mesopotamian civilization could offer the solution.
There are currently no responses to this article.
Be the first to respond.