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Clips for K Jenkins 7.1.10

Clips for K Jenkins 7.1.10

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Published by Michelle Lancaster

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Published by: Michelle Lancaster on Feb 22, 2011
Copyright:Attribution Non-commercial


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For-Profit Sector Clips for K. JenkinsJuly 1, 2010Articles:
1.Another U.S. Senator Raises Doubts About For-Profit Higher Education
Chronicle of Higher EducationBy Kelly FieldJune 30, 2010
2.Students Claim Illinois For-Profit Misrepresented Its Program
Chronicle of Higher EducationBy Alexandra TilsleyJune 30, 2010
3.Dana College Announces It Will Close, Blaming Accreditor’s DecisionAgainst New Owners
Chronicle of Higher EducationBy Charles HuckabeeJuly 1, 2010
4.Standing Up to 'Accreditation Shopping'
Inside Higher EdByScott JaschikJuly 1, 2010
5.U. of Phoenix Will Require Free Orientation Program
Inside Higher EdJuly 1, 2010
6.Illinois Democrat Dick Durban warns of public funding for for-profitcolleges, like University of Phoenix and DeVry
The Daily Caller By Paul Conner July 1, 2010
7.Senator slams for-profit colleges
Chicago-TribuneBy Katherine SkibaJuly 1, 2010
8.What U.S. Sen. Dick Durbin Doesn’t Know About Higher Education
The Yorktown Patriot: OpinionJune 30, 2010
9.Senator Durbin Declares Battle To Stop Fed-Aid Abuse By For-profitColleges
All Headline NewsBy Tejinder SinghJune 30, 2010
10.7 More Tips for Distance Learning
US News and World Report (Blog)By Lynn Jacobs, Jeremy HymanJune 30, 2010
June 30, 2010
Another U.S. Senator Raises Doubts About For-Profit Higher Education
By Kelly Field 
WashingtonSen. Richard J. Durbin, a Democrat of Illinois, joined a growing chorus of federallawmakers voicing concerns about the growth and cost of for-profit colleges in a speechon Wednesday that called for limits on the amount of federal student aid that may bespent on marketing and a review of a rule that allows for-profits to receive up to 90percent of their revenue from federal aid.Mr. Durbin also proposed a ban on companies that acquire accreditation through thepurchase of nonprofit colleges, and suggested greater scrutiny of loans that for-profitcolleges make to their students.His remarks, in a speech at the National Press Club,came a week after the Senate education committee held a hearing in whichlawmakers vowed to crack down on "badactors"in the rapidly growing for-profit sector to protect federal student-aid dollars fromfraud and abuse. That hearing featured testimony from a Wall Street investor, StevenEisman, who likened for-profit higher education to the real-estate market before itscollapse, with easy credit driving prices ever higher and large defaults looming.In his speech, Mr. Durbin cited Mr. Eisman's testimony and echoed its warnings."There is growing concern that we could be looking at a repeat of the subprime-mortgage fiasco, with low-income, high-risk students mortgaging their futures—not onoverpriced homes this time, but worthless diplomas," he said.Mr. Durbin promised to work on legislation taking aim at for-profits with Sen. Tom Harkinof Iowa, chairman of the education committee.

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