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LOPE News4 articles
New Student Loan Rules Shift Risk from For-Profit to Nonprofit Colleges
New Education Department data reveals nonprofit colleges now have 3.9% of Title IV aid in failing programs, up from 0.8%, while for-profit exposure drops to 14.9%.
Southern Cross Media Faces Grand Final Revenue Test After Record Brownlow
Nick Daicos' record 47-vote Brownlow Medal sets a high bar for Southern Cross Media's Seven network as it broadcasts the AFL Grand Final amid weak advertising and falling TV revenue.
Evergrande Founder Jailed for Life; Vanke Shares Rally
Evergrande founder Hui Ka Yan gets life sentence, assets seized. Vanke shares rise 3.17% despite weak fundamentals; recovery for creditors estimated at 0.57%.
Evergrande Founder Gets Life Sentence; Creditors Face 99% Loss
Hui Ka Yan's life sentence underscores the massive shortfall for Evergrande creditors, who face a 99% loss as asset recoveries remain minimal.