October 31, 2013
FTC Warns Vets That For-Profit Colleges “lie about how well their graduates fare”
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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