In the past few years, for-profit colleges have come under increasing scrutiny for preying on students. These institutions have been accused of touting misleading or inaccurate job placement rates, using questionable recruitment practices, misrepresenting their educational benefits, and giving inaccurate information about accreditation.
Government officials are starting to see through the scams. For example, one Corinthian Colleges graduate who ended up working at Taco Bell was counted as having a job in her field of study, which was accounting. After investigations by the U.S. Department of Education revealed that those job placement rates were indeed misleading, the company was fined $30 million by the department. In April, Corinthian shut down its remaining campuses.
Leave a Reply.
Around the Web
Student Loan articles from around the web.