The CFPB has filed a lawsuit against one of the largest for-profit college chains in the U.S., claiming it used predatory lending practices, CNBC's Herb Weisbaum reports.» Read More
After making the short heard 'round the world with his bet against the subprime housing market, here's what Steve Eisman, one of the key players in "The Big Short," is betting against now.
As a main character in Michael Lewis’s bestseller, “The Big Short,” Eisman is best known for getting the subprime crisis right. But at the time, his attempts to warn regulators were ignored. This time they’re listening, especially after he capitalized on his role in the book with a report last June at an investment conference headlined, “Subprime Goes to College.”
A year after a disastrous 27% percent decline that prompted layoffs, the Harvard endowment reported a solid 11% increase, the NY Times reports.
The for-profit education industry has come out swinging against proposed changes in rules by the Education Department that could curtail government financial aid.
As Wall Street recovers from the financial crisis, one business school in its backyard is changing the way it positions students for jobs.
As for-profit college scrutiny increases, executive compensation at these companies may be worth a look.
On Friday, the Department of Education issued a report on the rate of loan repayments by college students. This is important because if the rates are too low students at those schools might not qualify for government loans,, without which some of these companies would have a hard time making a go of it.
An investigation by the Government Accountability Office (GAO) contends that for-profit colleges encouraged fraud and engaged in deceptive and questionable marketing practices.
Jeffrey Miron's sabbatical at the National Bureau of Economic Research in Cambridge, Mass. in the second half of the 1980s didn't turn out the way he expected. He gradually abandoned macroeconomics to focus on drug policy and economics in crime.
Civil Rights. Tyranny. War. These are a few of the historical events students have felt so passionately about that they've taken to the quad in protest. Add one more to that list: The sage advice of JPMorgan's Jamie Dimon.
Here are the degrees that garner the highest salary offers, according to the National Association of Colleges and Employers.
"There are many reasons why complexity flourishes in an organization – but one of the most common is “initiative overload.” Just like an individual can only handle so many things at once, the same is true of organizations," writes the author in this guest blog.
Many New Year resolutions will revolve around career. Here are some questions to answer so you can get a running start into 2010.
Tis the season to be merry again or so they say. With Christmas a week away, the remaining 90 percent of the population that still have jobs might need some help getting into the swing of things this year.
The cost of attending a four-year private college in the US increased 4.3%, to an average $35,636, this year. The cost of a public college grew even more.
At its top levels, the American system of higher education may be the best in the world. Yet in terms of its core mission — turning teenagers into educated college graduates — much of the system is simply failing.
You don't have to wait for the Labor Department report on employment. If you want to know the state of the job market, look no further than Trina Thompson. A recent IT grad, Thompson is suing her college because she hasn't found a job yet.
According to recently released reports from the College Board, most students and their families can expect to pay, on average, from $108 to $1,398 more than what they paid in 2008 for this year's tuition and fees, depending on the type of college. And with inflation rates continuing to increase, these costs will likely double and even triple in the years to come. Although these costs are quite daunting, there are ways that parents and kids can prepare themselves for the sticker shock of attending college.
In one of my recent CNBC columns I advised jobseekers about managing social networking overwhelm. Recently, I spoke with several employers representing a range of different companies about how they use social media in their recruiting.
Maybe it's just the Marxist in me, but I can't help feeling like every time I read about the economic travails of the under-30 set, the writers seem totally blind to even the slightest notion that "class," whether it be social or economic - or socioeconomic if you want to make yourself sound smart - matters.