From the Editorial Board: For-profit colleges have become notorious for preying on veterans, single parents and other working adults who want only to better themselves.
U.S. Sen. Dick Durbin, D-Ill., speaks to reporters at the Capitol in Washington April 5, 2022. He has introduced legislation to restore the benefits of the Future Tech Career Institute veterans involved.
For-profit colleges have become notorious for preying on veterans, single parents and other working adults who want only to better themselves. The U.S. Department of Education, which has a mixed record of regulating these operations, is moving slowly to implement another crackdown. Yet some for-profit colleges have taken to converting to nonprofits in name and tax status only, partly to evade the scrutiny the for-profit industry has brought upon itself. Unlike bona-fide nonprofits, some of the converts continue to be controlled by insiders who divert resources from educational purposes into their pockets, as outlined in an alarmingThis latest dodge is quite simple: An owner sells the school to a new, tax-exempt organization, receiving an IOU in exchange.
The result is more of the usual predatory sales tactics, worthless educational programs and taxpayers on the hook for defaulted loans.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Editorial: 120 years late, anti-lynching law still neededGenerations of inaction ended on March 29 when President Joe Biden signed the Emmett Till...
Read more »
Oakland A’s set Opening Day lineup vs. PhilliesThe A’s will start two players acquired in the Olson and Chapman trades.
Read more »
Rebuilding A’s have intriguing players who showed fight in Opening Day loss to PhiladelphiaOakland A’s lose to Philadelphia Phillies, but individual players show they won’t roll over this year.
Read more »
Athletics' Opening Day Roster: Top Prospect Cristian Pache Makes TeamThe Athletics will have 14 pitchers and 14 position players on the roster when they open their season Friday against the Phillies at Citizens Bank Park.
Read more »
Kurtenbach: Can Bay Area fans trust SF Giants or A’s?A second-place finish for the Giants is the best bet; anything other than last place would be a victory for the A’s.
Read more »
Oakland A’s finalize reshaped Opening Day roster after offseason exodusThe A’s break camp with lower expectations than they’ve had in recent years, but opportunity is high for individual players looking to make an impression.
Read more »