Fashion retailer Select set to collapse into administration

Select’s £15.5m losses in the 18 months to December come at a time when high street retailers face rising costs and falling sales. Photograph: Dinendra Haria/Rex/Shutterstock The fashion retailer Select is set to collapse into administration on Wednesday, putting 2,000 jobs at risk. The loss-making fashion chain, which has 180 stores, has been struggling for several years and its expected failure comes just a year after it resorted to a company voluntary arrangement, a form of insolvency, to cut its rent bill in order to stay in business. Quantuma, the…

Read More

Trump administration stymies release of salary, loan debt data from certain colleges, advocates say

Susan Goldman | Bloomberg | Getty Images File photo of an ITT Technical Institute campus in Anaheim, California. At a recent conference on financial aid, Education Secretary Betsy DeVos said that every school should help its students graduate with high-quality career prospects and little debt. Students should be equipped, she added, with information that allows them to be responsible consumers. “They need to have the best possible tools, data, advice and support,” DeVos said, at the Georgia World Congress Center in late November. Yet at another session at the same…

Read More

Report: NM education secretary considered for Trump administration post

New Mexico’s education secretary may be headed to Washington for a position in the Trump administration. The website Politico reported Friday New Mexico Public Education Secretary Hannah Skandera is being considered as the U.S. Department of Education deputy secretary or undersecretary. Politico cites sources for that information in its report. Skandera has served as the education secretary in New Mexico since 2010. Last January, she became the head of governing board for the standardized Partnership for Assessment of Readiness for College and Careers (PARCC) test, an unpaid position. In late…

Read More