Young Invincibles
Young Invincibles Campaign leader

Nearly half million students continue to fight to hold Corinthian Colleges accountable as it files for bankruptcy.

Former Students Seek to Shape Corinthian Colleges Bankruptcy

Tamar Lewin
Lawyers for an ad-hoc student group, seeking to represent the interests of about 500,000 former students of the recently collapsed Corinthian Colleges Inc., have asked that a special committee be formed to press the students’ claims and ensure their participation in bankruptcy proceedings that will affect their futures. Scott Gautier, bankruptcy…Read More

Hold shady #4profit colleges accountable. That's your job. Let's act now. #HigherED

Hold Shady Colleges Accountable? That's Your Job

The Huffington Post
It's time to ask: When the Department of Education refuses to enforce its own laws, who pays the price? Right now, the answer is simple: hundreds of thousands of students around the country. It's time for that to change--but it won't if Secretary Duncan keeps blaming Congress for his own Department's failures. According to Secretary Duncan's…Read More

YI's @RoryOSully: "When a college closing means fewer students wind up in hopeless situations, it’s absolutely a positive thing."…Read More

Barack Obama pushes for-profit colleges to the brink

POLITICO
On Wednesday, the Obama administration will begin choking off the financial lifeline of for-profit colleges whose graduates can’t find well-paying jobs — and the move is likely to accelerate a wave of shutdowns for an industry taking assaults from all sides. Reining in the multibillion-dollar industry has been the administration’s goal for most…Read More

The #gainfulemployment regulations go into effect today. Find out what that means here. #HigherEd

These schools could lose federal funding if graduates don’t get jobs

MarketWatch
After years of challenges, the Obama administration’s crackdown on for-profit colleges will go into effect Wednesday. The so-called gainful employment regulations require that a typical graduate of a career college (mostly for-profit schools) – or school that trains students specifically for employment — get a job that makes them enough money…Read More

The #gainfulemployment regulations kick in today - find out what that means here. #HigherEd

Obama administration’s crackdown on for-profit colleges goes into effect

MarketWatch
After years of challenges, the Obama administration’s crackdown on for-profit colleges will go into effect Wednesday. The so-called gainful employment regulations require that a typical graduate of a career college – or school that trains students specifically for jobs — maintain annual loan payments that are less than 8% of their earnings or…Read More
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