The U.S. Department of Education is introducing new avenues to monitor higher education institutions' financial health.

Westwood College, which closed in 2015, was found to have "engaged in widespread misrepresentations" about students' potential job prospects.

The FTC is returning $822,000 to people who fell victim to a student debt-relief scam that charged upfront fees reaching $1,400.

The Education Department reached a proposed settlement with about 200,000 borrowers who attended schools found to have committed misconduct.