For-Profit Colleges Encouraged Fraud, Used Deceptive Marketing, GAO Reports
A Senate committee saw video evidence that for-profit colleges are using high-pressure sales tactics that would make a used-car salesman blush.
The Senate Health, Education, Labor and Pensions Committee held a hearing on recruiting efforts by for for-profit industry, which has been growing rapidly over the last decade, thanks in large part to federal loans students take out to pay tuition.
The Government Accountability Office sent undercover investigators into 15 different for-profit colleges around the country.
Some recruiters, caught on hidden cameras, openly urged applicants to lie on the federal form use to obtain student aid. One