LegalNewsline – AGs write Congress over Higher Education Act…
Easy Target #2: Some on-line for-profit colleges exploit young military families by agressively going after them for their GI education benefits, promising a convenient education, but leaving them with additonal students loans and degrees with no worth in the job market. The unscrupulous for-profits know that military education benefits are not covered by the same Title IV regulations.
“A U.S. Senate committee study found that military education funding revenue for for-profit colleges rose 683 percent in the past four years. A survey of 20 for-profit colleges found that military education benefits rose to $521.2 million in 2010 from $66.6 million in 2006.”
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