Saturday, November 13, 2010

DeVry to undergo Dept. of Education scrutiny

Once upon a time I could've been accused pf being a snob towards schools such as DeVry. I did look down on such schools although my POV has softened over time. Basically my acceptance is based upon the idea of choice in the education marketplace. A traditional college environment isn't for everyone, whatever that may entail.

For those who continue to view DeVry in the worst light how would they view this news from Crain's:
In a regulatory filing, DeVry said the U.S. Department of Education intends to conduct an onsite program review of DeVry University's administration of federal student aid programs.

The review will commence on Dec. 6, and initially cover the 2009-2010 and 2010-2011 award years.

The department reviews programs periodically to make sure institutions meet certain criteria, but some issues such as increase in student-aid recipient complaints can trigger reviews.

The department is already investigating several for-profit schools for fraudulent practices in recruitment and financial aid.

The for-profit education sector has come under fire for failing to educate students and leaving them heavily in debt. After a year-long process, the department recently finalized most of the new rules it plans to implement for the industry.
Of course, this may have to be done throughout higher education. That is how tuition charges are determined and how students should be able to pay. Loans should be last resort not the first option.

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