U.S. Government Sting Nets 15 For-Profit Colleges
by Mary Beth Marklein A government inquiry of 15 for-profit colleges found four cases in which campus officials encouraged applicants to commit fraud and examples at every school of officials lying about or misrepresenting their programs. Those and other findings are to be presented Wednesday at a Senate committee hearing examining the for-profit higher education industry. The Education Department recently proposed rules to tighten regulation of for-profit colleges, which last year received more than $24 billion in federal loans and grants. The Government Accountability Office report is based on a three-month effort in which investigators posing as prospective students applied […]