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Stuff from Forbes about Education Finance


IndyPoolPlayer
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Education Secretary Loses Lawsuit on Student Loan Forgiveness

https://www.forbes.com/sites/zackfriedman/2018/09/17/student-loans-lawsuit-devos/#705b3a463230

 

Loan Forgiveness is a Poor Use of Taxpayer Money

https://www.forbes.com/sites/prestoncooper2/2018/09/07/loan-forgiveness-is-a-poor-use-of-taxpayer-money/#159b390f7b89

 

Despite Powerful Allies, Problems Persist in For-Profit Education

https://www.forbes.com/sites/joshmoody/2018/09/17/despite-powerful-allies-problems-persist-in-for-profit-education/#4fce87b364cd

 

The last article also mentions Education Corporation of America, mentioning they are closing 26 locations by 2020. Rather than the ITT or Corinthian route of just leaving students hanging with worthless credits and a stack of student loans, ECA is allowing their students to finish out their programs but are no longer accepting new enrollments.

Quote

“The decision to discontinue enrollment and teach-out our programs was made because of insufficient enrollment demand for our programs in these markets,”

Maybe it's because prospective students are finally figuring out the truth about these diploma mills and avoiding them like the plague?

Edited by IndyPoolPlayer
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