The U.S. Department of Education awarded more than $24.8 million to 67 schools districts in 26 states across the country to establish or expand counseling programs. Grantees will use funds to support counseling programs in elementary and secondary schools. Specifically, the new Elementary and Secondary School Counseling grant awards will aid schools in hiring qualified […]
This time each year, millions of students across the country are preparing to complete Advanced Placement (AP), International Baccalaureate (IB), and other advanced course exams as part of their high school experience and in preparation for the rigors and opportunities of higher education. However, there are hundreds of thousands of students in our nation’s schools […]
PITTSBURGH, – Education Management Corporation (EDMC) today announced that it has completed a capital restructuring agreement with debt holders after receiving all necessary regulatory approvals. EDMC completed the first step of the restructuring on Jan. 5, 2015, when the company cancelled in excess of $1.3 billion of outstanding debt in exchange for the issuance of […]
SANTA ANA, Calif., – Corinthian Colleges, Inc. (Nasdaq: COCO) today announced that the Company has ceased substantially all operations and discontinued instruction at its remaining 28 ground campuses. The company is working with other schools to provide continuing educational opportunities for its approximately 16,000 students. Corinthian said those efforts depend to a great degree on […]
The U.S. Department of Education took additional steps today to protect students and taxpayers and crack down on abuses within the for-profit sector by continuing its enforcement actions against Corinthian Colleges Inc. After a comprehensive review, the U.S. Department of Education has confirmed cases of misrepresentation of job placement rates to current and prospective students […]
Education is the civil rights issue of our time. The Obama administration has worked to ensure all students have a strong foundation and level playing field, no matter where they were born or where they live. This week, President Obama declared that April will be Financial Capability Month. Now more than ever it is important […]
PLAINVILLE, Conn. — March 30, 2015 — As winner of GE’s (NYSE: GE) prestigious Edison Award, GE Engineer and UConn Alumna Linda Jacobs is donating her $25,000 prize to create an endowed scholarship at UConn’s School of Engineering. GE will present the donation on March 30 during the university’s second annual “GE Night” on the […]
The Dow Chemical Company (NYSE:DOW) announced today a $1 million commitment with FIRST® (For Inspiration and Recognition of Science and Technology) to promote STEM education. As part of Dow’s STEMtheGAP™ initiative, today’s announcement is aligned to the Company’s STEM (Science, Technology, Engineering and Math) mission of building the workforce of tomorrow by supporting teachers, motivating […]
Following a review of 22 private collection agencies, the U.S. Department of Education announced today that it will wind down contracts with five private collection agencies that were providing inaccurate information to borrowers. The five companies are: Coast Professional, Enterprise Recovery Systems, National Recoveries, Pioneer Credit Recovery, and West Asset Management. The Department also announced […]
Following are UN Secretary-General Ban Ki-moon’s remarks at the thirty-ninth annual United Nations International School (UNIS) International Student Conference: “Sustainability: Balancing People, Planet and Profit”, in New York today: Welcome to the United Nations! It is a great pleasure to welcome all of you to the United Nations. In fact, this morning looking out the […]
