The FBI announced that the former Education Secretary has been charged with allegations that she used her position to give 1,034 square feet of a school to a company in exchange for financial benefits. If found guilty, she could face sentences of up to 10 years for conspiracy and bribery, and up to 20 years for wire fraud.

The president of the Caribbean Maritime University (CMU) along with the former Minister of Education are being investigated for corruption matters. During a previous Public Administration and Appreciation Committee (PAAC) sitting, the CMU president admitted that over $600,000 were paid towards a yacht party for the minister of education. According to the documents, the east Kingston-based university paid two companies a total of $674,930 to rent and decorate the yacht.

A federal jury on Tuesday convicted the head of a now-shuttered for-profit education firm. of billing the Philadelphia School District out of $800,000 meant to educate some of its most at-risk teens. The former president of the Bala Cynwyd-based Delaware Valley High School Management Corp. spent the money intended for education and counseling on upgrades to his beach house in Margate, N.J., and his $1.1 million, 13-room Gladwyne home.

Immediately after the President was elected, borrower advocates and lawmakers expressed concern about what would happen to the current regulations aimed at holding for-profit colleges accountable. On Tuesday, their concerns were validated. The Education Department announced that it would delay and renegotiate two of the previous administration’s signature regulations: the first aims to penalize programs whose graduates’ loan payments exceed a set percentage of their earnings, while the second simplifies the process for borrowers who say they have been defrauded by their colleges.

More Canadian institutions will face controversy over the influence of donors on programmes if they do not rethink their relationship with private funders, warn academics who have studied the relationship between donations and educational institutions. This is following a string of cases over the past decade that have led academics across the country to criticize postsecondary institutions that appear to be willing to share control over their research agenda with private donors.

Federal prosecutors are investigating an agreement between a Brazilian Federal University and a state-controlled oil company, which allegedly subcontracted tenured staff meant to work solely for the university via an academic foundation. However, after the investigation appeared to show widespread irregularities and fraud, higher education groups in Brazil have denied that there is insufficient transparency in the relationships between public universities and private companies.

A seven-month investigation revealed that a number of Chile's universities are illegally operating as profit-oriented businesses. According to a report conducted by a special investigation committee, eight universities violated anti-profiteering laws amidst findings of increased salaries among executives, circulation of finances between companies under the same private ownership and outsourcing of services as means of generating revenue.