Diversified Consumer Services Education Services

More

  • Financial education for those who need it most Thursday, 4 Feb 2016 | 6:51 AM ET
    Financial education for those who need it most

    John Hope Bryant, talks about "Operation Hope," the first-ever nonprofit financial service network for underserved communities.

  • STORRS, Conn.— The University of Connecticut is creating a community for black men inside a new dorm on its campus, following the lead of some other predominantly white schools in an effort to boost low graduation and retention rates among male African-American students. "We really want a wrap-around approach to make sure that we are creating an optimal...

  • American colleges sorting through a record number of applications from China are increasingly turning to video interviewing services to assess students' language skills, get a feel for their personality— and weed out fraudsters. The recorded interviews, recommended by dozens of schools, have emerged as a way to address cheating concerns highlighted by a...

  • WASHINGTON, Jan 27- The U.S. Federal Trade Commission filed a lawsuit on Wednesday against DeVry University, run by DeVry Education Group Inc, accusing it of deceiving students about post-graduate job prospects. "DeVry Group believes that the FTC's complaint- filed 40 years after DeVry University began publishing accurate graduate employment statistics- is...

  • WASHINGTON, Jan 27- The U.S. Federal Trade Commission filed a lawsuit against DeVry University, run by DeVry Education Group Inc, on Wednesday alleging the company deceived students about the prospect that they would find work. In a letter to the school posted on the Education Department web site, it said that as condition of further U.S. federal student aid to...

  • WASHINGTON— Another large for-profit college is under government scrutiny— this time, it's DeVry University. Illinois- based DeVry has more than 55 campuses across the country and offers online or on-campus degree programs in business, technology and health care technology. "There is no national standard for calculating employment statistics among higher...

  • Federal pain panel rife with links to pharma companies Wednesday, 27 Jan 2016 | 9:18 AM ET

    One, a pain specialist from Duke University, has received thousands of dollars in payments from drugmakers, including OxyContin-maker Purdue Pharma and Teva Pharmaceuticals, which sells generic painkillers. Another, a patient advocate, holds a nonprofit position created by a $1.5 million donation by Purdue. The guidelines by the Centers for Disease Control...

  • BOSTON— College endowments grew by an average of only 2.4 percent last school year, a sharp drop following two years of strong gains, a new study found. The report, released Wednesday, is based on an annual survey of more than 800 colleges by the nonprofit Commonfund Institute and the National Association of College and University Business Officers.

  • Harvard University still boasts the largest endowment with $36.4 billion, followed by Yale, whose $25.6 billion endowment moved up in the rankings to edge the University of Texas System endowment, which has $24 billion, in the third largest spot. Yale's 11.5 percent investment returns last year beat Harvard's 5.8 percent gain, helping the New Haven,...

  • NEW YORK— Real estate magnate and publisher Mortimer Zuckerman has announced a scholarship program to pay for American graduate students in the sciences to study in Israel. They include Hebrew University of Jerusalem, the Technion-Israel Institute of Technology, Tel Aviv University and the Weizmann Institute of Science. Zuckerman is the publisher of the...

  • STORRS, Conn.— About 1,900 unionized professional employees at the University of Connecticut have agreed to switch from a 35- hour to a 40- hour work week under a contract proposal expected to receive final approval from the school's Board of Trustees on Wednesday. The University of Connecticut Professional Employees Association is the largest bargaining...

  • ORLANDO, Fla.— Marcus Lemonis can add "theme parks" to his mantra of "people, process, product." "The curriculum is being developed with help from Columbia College in Missouri. Both CNBC and the theme park resort are a part of NBCUniversal, which is owned by Comcast.

  • Marvin Minsky, pioneer of artificial intelligence, dies Tuesday, 26 Jan 2016 | 10:18 AM ET

    CAMBRIDGE, Mass.— Marvin Minsky, a pioneer in the field of artificial intelligence at the Massachusetts Institute of Technology who saw parallels in the functioning of the human brain and computers, died Sunday at age 88.. Minsky joined MIT's faculty in 1958, after earning degrees from Harvard and Princeton universities. It was at Princeton that Minsky met...

  • CONCORD, N.H.— A small Catholic university in southern New Hampshire is becoming the latest college to offer a money-back guarantee of sorts to its students. Rivier University, which has a total student population of about 2,600 in Nashua, has created an "Employment Promise Program" that will be available to full-time undergraduates starting with the class of...

  • LONDON, Jan 25- GlaxoSmithKline, AstraZeneca and Johnson& Johnson have joined with three leading British universities to create a new 40 million pounds fund backing early drug research. The Apollo Therapeutics Fund, which aims to improve the speed and potential of university research being translated into new medicines, is a further example of a trend by Big...

  • LONDON, Jan 21- Britain's Pearson said it would cut 10 percent of its workforce and restructure once again to tackle a storm it is facing in markets from North America to South Africa after focusing on educational publishing. Chief Executive John Fallon said problems in its markets, such as fewer people in the United States going to college, had been more...

  • Jan 15- For-profit college operator Apollo Education Group Inc said on Friday the U.S. Department of Defense lifted a probationary status on its unit, University of Phoenix. The University in October was placed on probation, which barred the unit from recruiting students on military bases or using federal money to fund tuition. Apollo Education, which earlier...

  • Jan 15- Apollo Education Group Inc said the U.S. Department of Defense had lifted its probationary status on the University of Phoenix, which barred the company's unit from recruiting students on military bases or using federal money to fund tuition. The for-profit college operator, which earlier this week said it was considering selling itself, said on Friday...

  • *Scientists urged European Commission to discount EFSA view. That clashed with a view from the International Agency for Research on Cancer, part of the World Health Organization, stoked outrage among environmental campaigners and divided the scientific community. Ninety-six academics from universities around the world signed an open letter to European...

  • The deal, which could be worth about $1 billion, was first reported by the Wall Street Journal on Monday. Apollo Education, the owner of the University of Phoenix, said earlier Monday that it was considering selling itself after years of declining enrollments but provided no details. Stricter funding rules from the U.S. Department of Education have also squeezed...