Remove Financial Aid Remove For-Profit Universities Remove Higher Education
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For-profit colleges, be warned: DOE is set to hold leaders personally liable for reckless spending

University Business

In the midst of President Joe Biden’s Supreme Court defense of student loan relief, the Department of Education formally announced it would personally pursue leaders of for-profit institutions to pay unanswered debts their institution incurred from reckless spending and non-compliance with federally allocated financial aid dollars.

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Predatory Colleges, Converted To Non-Profit, Are Failing (David Halperin, Republic Report)

Higher Education Inquirer

Together, the Department and FTC actions call into question not only the integrity of Grand Canyon’s recruiting and academic operations, but also its effort to be accepted as non-profit. Department of Education to investigate Keiser’s schools, which have received billions in taxpayer-funded student financial aid.