Federal Trade Commission Sues For-Profit DeVry For Deceiving Students
The U.S. Federal Trade Commission today filed a lawsuit against one of the largest for-profit colleges, DeVry University, for allegedly misleading students about job placement rates and salaries for the school’s graduates. The FTC complaint, filed in federal court in Los Angeles, alleges, “Through the use of English and Spanish-language advertisements and other marketing materials,
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Big For-Profit Colleges Quit Trade Group APSCU
Some of the largest for-profit college companies — including, last month, DeVry and Kaplan — have recently left the industry’s main trade group, the Association of Private Sector Colleges and Universities (APSCU). The defections have come amid a rapid decline in the reputations and fortunes of many for-profit colleges — and the apparent failure of
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For-Profit DeVry University’s Deals with Sochi Olympians
The New York Times Wednesday published a story on the deal between the U.S. Olympic committee and the for-profit DeVry University, under which DeVry is designated an official education provider to Olympic athletes. The Times reported that DeVry had “landed” 15 U.S. athletes headed to Sochi, but it noted that the terms of the overall deal have not
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Steve Forbes, The Olympics, Congress and Other Stuff For-Profit Colleges Buy With Your Tax Dollars
America’s for-profit colleges are receiving as much as $33 billion in a single year from your tax money, and billions more from the pockets of students, a lot of whom are left deep in debt and jobless from their encounters with predatory schools. Many of the biggest for-profit colleges get close to 90 percent of
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