PITTSBURGH POST-GAZETTE Opinion: For years the U.S. Senate has been investigating the recruiting practices of some for-profit colleges. The businesses that run the so-called career schools depend heavily on federal student aid, cater to low-income learners and offer flexibility to those who must work while going to class…
Senators heard troubling testimony from students and employees in 2010 and issued a report that showed some of the schools routinely promised more than they delivered. Although students were left with huge debt and little chance to get the jobs they were seeking, data presented by some colleges indicated greater success rates to potential applicants…
Federal law says that for-profit colleges and universities may not receive more than 90 percent of their revenue from student aid programs in the U.S. Department of Education. Although the rest must come from sources outside the federal government, not counted toward the 90 percent are the education dollars from the post-9/11 GI Bill.… (more)
