Can You Afford to Go To A For-Profit College? On September 10, 2012, the Huffington Post reported that for-profit colleges are complaining that they should not have to tell prospective students whether they are likely to afford their debts after attending school. For-profit schools get the majority of their revenue from the federal government, primarily...
Judge Strikes Down Dept. of Education’s New “Gainful Employment” Rules On July 1, 2012 and July 11, 2012, The New York Times published two articles reporting that Judge Rudolph Contreras of Federal District Court overturned the Department of Education’s “gainful employment” rules aimed at for-profit colleges that leave students with huge debt loads, no credentials,...
For-Profit Colleges Are Wasting Public Funds On August 16, 2012, The Spokesman Review published an editorial which stated the for-profit colleges are wasting public funds.A couple interesting facts and quotes pulled from the editorial, include: Enrollment at for-profit colleges has exploded in the past 15 years as more people are drawn to the flexibility of...
For Profit Colleges Encouraged Fraud On August 4, 2010, The United States Government Accountability Office (GAO) released a report on For Profit Colleges entitled “FOR-PROFIT COLLEGES –Undercover Testing Finds Colleges Encouraged Fraud and Engaged in Deceptive and Questionable Marketing Practices.”The GAO conducted an investigation and had GAO investigators pose as prospective students and apply for...





