The government-funded apprenticeship 3aaa was placed into immediate administration, putting 4,500 apprenticeships at risk, after the Department for Education pulled all of its funding from the firm following the police investigation of fraud. The DfE’s Education and Skills Funding Agency allocated more than £31m to 3aaa last year for apprenticeships and adult learning schemes.

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.

The University College London (UCL) has declared that its Centre for Blockchain technologies has recently finalized a pilot program permitting MSc graduates in Financial Risk Management to offer immediate confirmation of the academic qualification via bitcoin. London-based startup Gradbase has developed a platform in which all graduates in 2016-2017 of the above course mention can register their degree credential. The validity of this information is verified by the school and followed by the system providing a transaction approving the genuineness of these degrees through bitcoin.

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.

For a small fee, platforms provide university qualifications, from bachelor's to doctorate degrees. "We have seen this trend return over the past three years, even though sites from the early 2000s which sold fake diplomas had been gradually disappearing," acknowledges the founder of VerifDiploma, which verifies the authenticity of job candidates’ diplomas on behalf of Human resources services. Each year, his company checks 50,000 applications. Of these, 8% contain false diplomas.

A German finance expert has warned that the country’s federal states could be entering a “dangerous race to the bottom” regarding legislation on transparency in cooperation between industry and higher education. He believes that cooperation agreements should be publicly accessible in order to guarantee academic freedom. The professor of finance and political economy at Aalen University, contested a contract between the University of Mainz and the Boehringer Ingelheim Foundation, the country’s largest pharmaceutical company that also engages in research.