University of Phoenix lays off 900 after student exodus

University of Phoenix lays off 900 after student exodus

The University of Phoenix is shrinking in every way possible. It has lost students, employees and campuses at a breathtaking pace, and it’s making much less money than it once did. The for-profit institution has shed about half of its students over the past five...
Barack Obama pushes for-profit colleges to the brink

Barack Obama pushes for-profit colleges to the brink

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...
3 Facts to Know About the New Student Loan Interest Rates

3 Facts to Know About the New Student Loan Interest Rates

Here’s the good news: New federal student loans are cheaper this year. The 2015-2016 federal student loan interest rates take effect July 1 and are more than one-third of a percentage point cheaper than last year’s rates. “This is something...
University of Phoenix sidesteps Obama order on recruiting veterans

University of Phoenix sidesteps Obama order on recruiting veterans

Hundreds of soldiers and their families spread lawn chairs and blankets across the grassy parade ground at Fort Campbell, which straddles the state line between Tennessee and Kentucky. They’re here to see Big Smo, the reality TV star who calls himself “The King of...