Monday, August 16, 2010

“All Online Schools Lauds “Best Jobs in America” with Online IT Resource Center” plus 3 more

“All Online Schools Lauds “Best Jobs in America” with Online IT Resource Center” plus 3 more


All Online Schools Lauds “Best Jobs in America” with Online IT Resource Center

Posted: 16 Aug 2010 12:01 AM PDT

Leading online education directory's comprehensive IT guide offers everything from degree types to salaries in one of America's burgeoning career fields.

Seattle, Washington (PRWEB) August 13, 2010 -- With the 2010 CompTIA Industry Business Confidence Index anticipating an upswing in hiring efforts in the IT sector, All Online Schools launches its Online Information Technology Degree and Career resource center. This comprehensive guide offers in-depth information on IT careers, online degrees and certifications, and salary expectations for students interested in pursuing a cutting-edge career in information technology.

The All Online Schools Information Technology resource center provides answers to every question new or returning students might have in regard to this exciting career field. Included in the IT Degree and Career guide are topical articles on:
•    Careers you can pursue with an online IT degree
•    Online IT degrees overview
•    Five hot IT degrees you can earn online right now
•    What salary you can expect with an IT certificate or degree

"All Online Schools continues to recognize and promote the value and flexibility of an online degree from an accredited school," says Paula Nechak, career researcher for All Online Schools. "As the field of IT becomes firmly integrated into the everyday workings— and ultimate success—of every type of business and industry, we're committing to providing vital, pertinent information to students and career professionals desiring to move into the field of IT."

All Online Schools recently re-vamped its editorial format in order to help students readily get the information they need to find the right online school. The new Online IT Degree and Career resource center follows suit by presenting large amounts of content in an efficient fashion, enabling students to earn an online degree—or pursue a career in IT—with a definite competitive edge.

About All Online Schools
All Online Schools is a leading distance learning resource that lists 100 percent accredited online colleges and universities. The directory features thousands of online degree and certification programs. With this site, students can compare top programs, read about each school and request information from the schools they are interested in. All Online Schools also features expert advice and articles on important issues such as accreditation, diploma mills and setting expectations.

Press Contact
Dana Pake
Corporate Communications Manager
(888) 404-8043 x 7509

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Corporate Communications Manager
Dana Pake
(888) 404-8043
E-mail Information
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Different Paths to a College Degree

Posted: 16 Aug 2010 03:09 PM PDT

Unemployment has changed many a kitchen-table conversation about college. One of the best ways to ensure a job is to have a bachelor's degree. But a col­lege education is now more difficult for many fam­ilies to afford. That means many students are on the prowl for a bargain bachelor's degree—and some are finding the opportunity in nontraditional programs such as three-year degree programs, online education, and work colleges. 

Fast track. Over time, Americans have re­laxed their expectations that stu­dents will complete a bache­lor's degree in four years. Because of the amount of re­medial preparation many in­coming college students need and the obstacles families face in financing four consecutive years of col­lege, many now take six years to gradu­ate. "We in higher education have been so focused on that fraction of students not fully prepared to do college work that it seems natural for stu­dents to stay on longer than four years," says Molly Corbett Broad, president of the American Council on Edu­ca­tion. Parents, too, have en­couraged students to relish their college years and take maxi­mum advantage of campus opportunities. But "the recession has brought us face to face with a new reality," Broad says, adding that she expects dozens of colleges to begin offering some three-year bachelor's degrees. She anticipates that trend to be strongest among private schools, where tuition is highest—more than $25,000 a year, on average. 

For three-year degrees to measure up, students must be willing to study year-round and faculty members must be prepared to give fast-track students clear and regular counsel. The time is right to offer this option, Broad says. "There are stu­dents who are ready now." 

In 2004, Ball State University in Muncie, Ind., identified a list of 30 bachelor's degrees that could be finished on an accelerated schedule. It began offering three-year programs in 2005. Majors include studies in business and the humanities as well as premed and predental. The University of Hous­ton-Victoria and Hartwick College in New York jumped on the bandwagon last fall, adding to the buzz. 

Meanwhile, Purdue University is trying out a two-year bachelor's degree. The first 25 applicants last year were jobless autoworkers eligible for two years of financial help under the federal Trade Adjustment Assistance program, says Christy Bozic, director of Purdue's College of Technology in Kokomo, Ind., a city hit hard by lay­offs at its four Chrysler factories. In response, the college de­signed a two-year bachelor's degree in organizational lead­ership and supervision by cutting courses from 16 weeks to eight. "These students will have the same amount of face time as other undergraduates, the same number of classes, and the same learning outcomes, based on standards set by curriculum committees," Bozic said as the program was getting underway. Although some of the students have been called back to work, the program will continue into the second year. 

Work your way. An old idea is attracting new interest on seven campuses across the country where students work in return for waivers of tuition, room, board, and fees. That can mean zero debt at a time when graduates with loans leave campus owing an average of about $23,200. At College of the Ozarks, students work 15 hours a week during semesters, and many earn room and board working 40-hour weeks during summers. They are responsible for police and fire service, house­keeping, a dairy, and other functions on the campus near Branson, Mo. Students also must attend chapel services and convocations, and have spartan living con­ditions. Still, applications were up 8 percent this year, according to college officials. That translates to 4,435 applicants for 300 seats in the freshman class. The college requires that 90 percent of students demonstrate financial need. 

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Capella Education Company Issues Statement Regarding Recent Data Released by the Department of Education

Posted: 16 Aug 2010 04:00 AM PDT

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Press Release Source: Capella Education Company On Monday August 16, 2010, 7:00 am EDT

MINNEAPOLIS--(BUSINESS WIRE)--Capella Education Company (NASDAQ: CPLA - News), a provider of exclusively online post-secondary education through its wholly owned subsidiary Capella University, today commented on the data released by the Department of Education on August 13, 2010 in connection with the Department's gainful employment Notice of Proposed Rulemaking.

"We have reviewed the Capella 40 percent repayment rate calculated by the Department of Education and find the results inconsistent with our internal analysis," said Kevin Gilligan, chairman and chief executive officer. "After the initial release of the proposed rules by the Department of Education regarding repayment rates on July 23, 2010, we conducted our initial analysis based on our best interpretations of the proposed rules. This preliminary analysis, based on the data samples available to us and focused on our larger programs, resulted in our conclusion that those programs would continue to qualify for federal student aid participation and have a repayment rate of over 45 percent. These initial findings continued to be supported as we further refined our analysis. We have reached out to the Department of Education, requested a sharing of the underlying data and methodology to understand any inconsistencies and look forward to an expedited, constructive dialogue."

Forward-Looking Statements

Certain information in this news release does not relate to historical financial information, including statements relating to our future prospects and our expectations regarding our revenues, enrollment, and operating performance, and may be deemed to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company cautions investors not to place undue reliance on any such forward-looking statements, which are based on information available at the time those statements are made or management's good faith belief as of that time with regard to future events, and should not be read as a guarantee of future performance or results. Such statements are subject to certain risks and uncertainties that could cause the company's actual results in the future to differ materially from its historical results and those presently anticipated or projected. The company undertakes no obligation to update its forward-looking statements to reflect events or circumstances arising after such date.

Among these risks and uncertainties are any failure to materially comply with the extensive regulatory framework applicable to us, including compliance with Title IV of the Higher Education Act and the regulations thereunder; regional accreditation standards and state and regional regulatory requirements; changes in the administration, funding and availability for Title IV programs; responding to any additional governmental inquiries into our financial aid practices; attracting and retaining learners; updating and expanding the content of existing programs and developing new programs; the review of our business and financial aid practices by governmental authorities, including action by Federal Student Aid on the final audit report of the Office of Inspector General of the U.S. Department of Education arising out of its ongoing compliance audit of Capella University; changes in applicable federal and state laws and regulations and accrediting agency policies, including as a result of current U.S. Department of Education rulemaking and recent Congressional review of our industry; maintaining and expanding existing commercial relationships with employers and developing new such relationships; our failure to keep up with advances in technology important to the online learner experience; our ability to manage growth effectively; our ability to realize expected efficiency improvements from our ERP system and our use of business technology to accurately store, process and report relevant data; unforeseen changes in student enrollment or our expenses; and risks associated with the overall competitive environment and general economic conditions. Other factors that could cause the company's results to differ materially from those contained in its forward-looking statements are included under, among others, the heading "Risk Factors" in our most recent Form 10-K and Form 10-Qs on file with the Securities and Exchange Commission and other documents filed by the company with the Securities and Exchange Commission.

About Capella Education Company

Founded in 1991, Capella Education Company is a national leader in online education and parent company of Capella University, a regionally accredited* online university. Capella University offers online graduate degree programs in business, counseling, education, health administration, human services, information technology, nursing, psychology, public administration, public health, public safety, and social work, and bachelor's degree programs in business, information technology, nursing, psychology, public administration, and public safety. These academic programs are designed to meet the needs of working adults, combining high quality, competency-based curricula with the convenience and flexibility of an online learning format. Currently, Capella University offers 42 graduate and undergraduate degree programs with 137 specializations. More than 38,600 learners were enrolled as of June 30, 2010. For more information about Capella Education Company, please visit http://www.capellaeducation.com. For more information about Capella University, please visit http://www.capella.edu or call 1.888.CAPELLA (227.3552).

*Capella University is accredited by The Higher Learning Commission and is a member of the North Central Association of Colleges and Schools (NCA), www.ncahlc.org.

Capella University, Capella Tower, 225 South Sixth Street, Ninth Floor, Minneapolis, MN 55402, 1.888.CAPELLA (227.3552), www.capella.edu.

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Is That for-Profit Certificate Worth the Debt?

Posted: 16 Aug 2010 04:14 PM PDT

By CANDICE CHOI AP Personal Finance Writer

NEW YORK August 16, 2010 (AP)

One sign a degree from a for-profit school may not be worth pursuing? You won't be able to repay your student loans after graduating.

New data from the Department of Education reveals low repayment rates among recent graduates of for-profit schools, which usually offer certificate programs or degrees in fields such as criminal justice or health care. The numbers were released as part of the Obama administration's proposed rule to cut off federal aid to schools that don't achieve certain repayment rates.

The Washington Post Co., which owns the Kaplan school chain; Corinthian Colleges Inc.; ITT Educational Services Inc.; and Strayer Education Inc. had repayment rates below 35 percent.

Recent undercover tests by the Government Accountability Office also found some schools used deceptive recruiting tactics and encouraged applicants to falsify financial aid forms.

The findings are troubling because students at these schools tend to be low-income and in search of better-paying jobs; the vast majority have household incomes of less then $50,000. Most work full time while attending school.

Here how to size up whether it's worth taking on debt to attend one of these schools.

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Be Wary of the Hard Sell

For-profit schools know that most of their prospective students will be able to tap into federal financial aid and pay tuition. As such, the marketing efforts can get aggressive.

"Be very suspicious of high pressure sales tactics and an unwillingness to share basic info about cost," said Lauren Asher, president of The Institute for College Access & Success.

Case in point: my search on Everest University Online's website yielded no answers on tuition costs. Yet after filling out an online application form for more program information, my phone rang within minutes.

An eager representative ignored my question about tuition, and insisted that we had to work through a few questions first. I had to firmly repeat the questions several times before a second representative gave me an answer: $404 per credit. It takes 96 credits, or $39,000, to complete the paralegal program I inquired about.

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