October 6, 2015
Report Exposes For-Profit College Abuses in Converting to Non-Profits
An investigative report released this morning documents how some for-profit college owners have converted their companies into non-profit schools in a way that allows them to evade the regulatory obligations and deservedly bad reputation of for-profits while continuing to reap enormous financial benefits. These operators have done so, the report finds, by subverting the rules governing non-profit schools, while the
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