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ED had hand in college chain’s collapse, documents show

Dream Center Education Holdings, a subsidiary of a Los Angeles-based megachurch, had no experience in higher education when it petitioned the federal Education Department to let it take over a troubled chain of for-profit trade schools.

Facebook won’t rule out digital currency launch without US approval

Facebook is facing immense pressure from US regulators over its plans to launch a digital currency, Libra, in association with more than 20 partners including Visa, MasterCard and Uber.

U.S. investment in African university fails as China advances

When the U.S. government’s private-investment arm teamed with New York-based real-estate investor W.P. Carey Inc. to finance the expansion of a prestigious university in Ghana, it was meant to demonstrate a novel for-profit funding model for development projects in Africa.

Truth in lending: Feds expand ‘College Scorecard’ to boost transparency on loan debt, other stats

To help students understand what they’re getting into when they head off to college — and to pick the campus that best suits them — the Department of Education is expanding its College Scorecard that tracks various metrics at thousands of institutions across the nation.