US Education Dept To Probe Conflicts

Department Of EducationWASHINGTON The federal government will hire extra investigators to prevent fraud by for-profit schools in such areas as scholar financial aid, U.S. Secretary of Education Arne Duncan stated on Friday.

It was offered in 2004 to Huron Capital Partners , a personal equity group, for an undisclosed sum for their Delta Career Education Systems division That division was subsequently offered to Gryphon Investors in 2006 for 11.1 times the quantity of its original funding, in response to press releases from Huron at the time of the sale. Crain’s Detroit Business, in an article published on May 22, 2006 by Tom Henderson reported that amount to be $one hundred fifteen million.

The predominant campus of the University of Phoenix, the most important for-revenue institution within the United States, has an estimated loan compensation fee of forty four %, according to the division’s calculations. That means it’s close to meeting a proposed federal threshold of forty five % compensation to be totally eligible for federal aid.

I just ran throughout and thought I would submit. I am an precise pupil and I will save this thread and are available again when I graduate to keep you up to date with my experience. I hope it ends well. This is an effective thread to conscious people about colleges which might be no better than thieves. If you are a prospective scholar at one of these colleges attempt to contact former college students that have graduated on their expertise. Most schools have social networking so you can contact a former pupil with a little bit work. Another factor discover used books do not buy from the college until its necessary.

Thanks for leaving comments, Annoyed and Burned. I am presently working fervently on research concerning the nursing program and there are a number of very fascinating developments taking place throughout the nursing program presently on the Dayton campus. I am excited to be able to carry that to the attention of the public inside the subsequent day or two at I am nonetheless performing some analysis, but when anyone has something in any respect that will assist me, feel free to contact me. My contact information is at below the Miami-Jacobs blog.