What will happen to students defrauded by for-profit colleges? The Department of Education revealed it is no longer forgiving loans for scammed students under an Obama-era program.
Thousands of veterans might be getting their money back. But for-profit colleges are still a problem.
Less than a week after Secretary of Education Betsy DeVos announced her plans in late June, attorneys general from eighteen states and the District of Columbia sued her.
After the Department of Education banned students on federal financial aid from enrolling at the embattled for-profit school, ITT said Tuesday it was forced to close its campuses.
People who seek graduate degrees from for-profit schools tend to be older, poorer, and lacking in job prospects. They also tend to end up tens of thousands of dollars in debt.
Pissed-off former students are launching an attack on the institution of for-profit education in America.