763 Search Results Found For: "for-profit colleges "

The Federal Trade Commission may be ready to get tough with America’s for-profit colleges. That makes sense. The agency’s core mission is “to prevent business practices that are anticompetitive or deceptive or unfair to consumers.”  The business model of many for-profit colleges is built on deception — if students actually had all the relevant information,
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Last year, the annual convention of owners and executives of for-profit colleges (University of Phoenix, The Art Institutes, Kaplan, etc.), held in Las Vegas, featured paid speakers George W. Bush and Michelle Rhee, and, for entertainment, a fake knockoff version of Creedence Clearwater Revival. After a year in which the truth about their shoddy practices finally sent
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Several years of public scrutiny have exposed that many of America’s for-profit colleges are playing a cruel joke on students and taxpayers — high-priced, low-quality programs, sold through deceptive recruiting practices, that often leave students without good jobs and deep in debt. This scam has cost taxpayers as much as $33 billion in a single year. Worse, it
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  Since last week’s election, the Fox News Channel has featured several corporate executives complaining about the results. But it’s likely that few are as upset as CEOs of the troubled for-profit college industry. This sector, which is deeply dependent on the federal government, bet heavily on a Republican victory. Mitt Romney, who has a
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At a Capitol Hill press conference today, Senator Tom Harkin (D-IA) released a blockbuster four-volume report based on his two-year investigation of the for-profit college industry. I’ve already discussed the findings of the report, which details how many of the big for-profit schools engage in fraudulent conduct, offer high-priced, low-quality programs, and leave many students
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Senator Tom Harkin (D-IA) and his Senate Health, Education, Labor and Pensions (HELP) Committee staff released Sunday a report based on a comprehensive investigation of  30 of the biggest for-profit college companies. It’s full of stark revelations about this controversial, troubled industry. I’ve been saying for a couple of years that, no matter how cynical one’s view of
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On Wednesday, 20 state attorneys general announced a court settlement with QuinStreet Inc., a marketing company working for for-profit colleges, that will shut down the deceptive website GIBill.com and turn that web address over to the U.S. Department of Veterans Affairs. GIBill.com, until recently, looked a lot like a government website. But people who went
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The annual convention of the biggest association of for-profit colleges, APSCU, concluded last Friday in Las Vegas. Republic Report wanted to cover the event, because we all helped pay for it: Taxpayers provide $32 billion a year to this industry — for some schools, over 90 percent of their revenue. These corporations could strive to
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