FTC Exposes Egregious Deceptions by, Then Slaps Wrist of, For-Profit College Where DeVos Aides Worked
We reported last month on the for-profit college operation Career Education Corporation’s (CEC) announcement it had reached a settlement with Federal Trade Commission staff of an investigation into deceptive practices by the company. Now the FTC has announced that it has approved that settlement. Although the commission staff deserves credit for going after bad actor
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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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