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Loan forgiveness. On June 1, 2022, the U.S. Department of Education announced it would forgive $5.8 billion in federal student loans made to Corinthian College students between 1995 and 2015, which forgiveness would impact 560,000 borrowers and would be the single largest discharge of student loans in history according to the department. [53 ...
A paper by researchers at the University of Texas at Austin estimated that fraud in the program came to just over $64 billion by one measure and more than $117 billion using different measures ...
The economic policy of the Joe Biden administration, colloquially known as Bidenomics (a portmanteau of Biden and economics), is characterized by relief measures and vaccination efforts to address the COVID-19 pandemic, investments in infrastructure, and strengthening the social safety net, funded by tax increases on higher-income individuals and corporations.
In its lawsuit, filed under Title VII of the Civil Rights Act (EEOC v. University of Phoenix, Inc., and Apollo Group, Inc., CV 06-2303-PHX-ROS), the EEOC charged that the University of Phoenix engaged in a widespread practice of discriminating against non-Mormon employees who worked as enrollment counselors in the University’s Online Division.
Nelson started with Apollo Group in 1987 as the director of the University of Phoenix's Utah campus, and was named executive vice president of University of Phoenix in 1989, vice president of Apollo Group in 1994, president of Apollo Group in 1998, CEO of Apollo in 2001, and chairman of the board in 2004.
The University of Arizona Global Campus (formerly Ashford University) is a public online university affiliated with the University of Arizona. The university announced a deal to acquire Ashford University in 2020 and completed the deal in 2023.
Perdoceo Education Corporation (PRDO) [2] is a public company that owns four for-profit universities in the United States: American Intercontinental University, Colorado Technical University, California Southern University, and Trident University International. The company was previously known as Career Education Corporation.
Michael Robert Milken (born July 4, 1946) is an American financier. He is known for his role in the development of the market for high-yield bonds ("junk bonds"), [2] and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws. [3]