Not exact matches
Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many
of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood
of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number
of its non-performing loans in the Registration Statement and Prospectus; (vi) because
of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk
of adverse actions by Chinese regulators; (vii) the Company's
largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher -
education qualification verification
institution in China, subjecting the Company to undisclosed risks
of penalties and financial and reputational harm; and (x) as a result
of the foregoing, Qudian's
public statements were materially false and misleading at all relevant times.
UCU general secretary Sally Hunt said such courses will be «starved
of funds» and warned that higher
education was about to enter an era «in which many arts - based and teaching - focused
institutions, which rely on
public funding far more than the
larger research - intensive universities, will face an uncertain future».
Using the
Education Department statistics, Mr. Chronister and Mr. Baldwin found that private liberal - arts colleges employed the
largest proportion
of full - timers on contract — 28.6 per cent, while
public comprehensive
institutions employed the smallest proportion — 14.8.
«This may be particularly important in states where
public institutions comprise a
large percentage
of overall higher
education enrollments.»
iTunes University «allows anyone with an iPhone, iPad, or iPod touch to learn from the world's
largest collection
of free
education content — including
public courses and collections from leading schools, universities, museums, and cultural
institutions.»
In a joint statement, the presidents
of all three
of the
public institutions in the state — the University
of Northern Iowa, Iowa State University, and the University
of Iowa — and the
largest private one, Drake University, said they were pulling out
of the National Council for Accreditation
of Teacher
Education because it does not facilitate self - improvement.
The majority
of the new students in higher
education over the past several decades attend
large public institutions, which have long since exhausted their economies
of scale.
Steve Gunderson, president and CEO
of Career
Education Colleges and Universities, the
largest for - profit industry group, said the department should not have published a
public list
of failing programs before
institutions could exhaust the process to appeal the ratings.
Public institutions command the
largest portion
of distance
education students, with 67.8 percent
of all distance students.
Academic supports work, but are costly, and decades
of state higher
education budget cuts have left
public institutions with
large classes taught by less - qualified instructors, and little in the way
of counseling, mentoring, and other core services.
Highly committed to
public education, Todd is the founding Chairman and Executive Director
of The Commit Partnership, the nation's
largest collective impact organization with over 190
institutions (including 15 school districts and eight higher ed
institutions educating over 790,000 students) focused together on meaningfully improving post-secondary completion levels across the Dallas / Fort Worth area.
This initiative is unique because it brings together justice sector
institutions as partners in the creation
of a
large - scale online
public legal
education resource.