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The Education Department fined for-profit Grand Canyon University $37 million over accusations of misleading behavior. It said Grand Canyon mispresented the costs of its doctoral programs, leading to high student debt. AdvertisementAdvertisementA major for-profit school just got hit with a fine over accusations of misleading thousands of its students. A senior department official told reporters on a Tuesday press call that this is the largest penalty the Education Department has ever enforced on a school. "Rather than the Department protecting students, we are being forced to protect our students from this targeted and unwarranted government overreach."
Persons: , Joe Biden's, GCU, Richard Cordray, GCU's, Aaron Ament, they'll Organizations: Education Department, Canyon University, Service, Joe Biden's Education Department, Grand Canyon University, Federal, Aid, Department, Federal Student Aid, The Education Department, University of Phoenix, Student Defense, of Education
Biden’s Regulators Gang Up on a Christian College
  + stars: | 2023-10-28 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Michigan Tech has come out on top and Harvard at the bottom in the largest-ever survey looking into the state of free speech on America's college campuses. Most elite colleges, including Penn and Yale, trail larger state schools with more working-class students. Images: Shutterstock/FIRE Composite: Mark KellyGrand Canyon University, America’s largest Christian college, has kept tuition flat for 15 years while prices are up nearly 70% on average at other colleges. So why is the Biden Administration waging a regulatory assault against the college? Phoenix-based GCU recently disclosed that the Education Department plans to punish it for alleged “substantial misrepresentations” to students.
Persons: Mark Kelly Grand, GCU Organizations: Michigan Tech, Harvard, Penn, Mark Kelly Grand Canyon University, Christian, Biden Administration, Phoenix, Education Department, Regulators Locations: Yale
BRUSSELS, March 24 (Reuters) - The Group of Creditors of Ukraine (GCU) body said on Friday that it had provided financing assurances to support the International Monetary Fund's (IMF) approval for an upper credit tranche programme to help restore Ukraine's economy. The Group of Creditors of Ukraine includes Canada, France, Germany, Japan, Britain and the United States. That is why Germany is committed to providing financial support bilaterally and in various multilateral forums," a German finance ministry spokesperson said in a written statement. The group agreed to conduct a debt restructuring in a later phase to restore the country's debt sustainability, it added. Reporting by Sudip Kar-Gupta, additional reporting by Victoria Waldersee; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
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