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1-3 of 3 results

  • Newspaper

    Alternative-school chief guilty of embezzling $800K in Philly school funds

    USA

    Press

    Jeremy Roebuck - The Inquirer

    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.

  • Newspaper

    What the ‘reset’ on 2 major consumer rules means for colleges

    USA

    Press

    Adam Harris - The chronicle of higher education

    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.

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