For-profit school fraud

/For-profit school fraud

Students Awarded $2.3 Million From For-Profit Schools

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Students Awarded $2.3 Million From For-Profit Schools Kaplan Career Institute and Lincoln Technical Institute in Massachusetts settled a lawsuit with the Attorney General’s office over unfair practices performed at the institutions. According to the Boston Globe, both schools will pay former students over two million dollars due to their recruiting practices and inaccurate job [...]

Listen to Rapper Dee Rap About Sallie Mae Loans

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Many former students find themselves paying a bill every month that they don’t want to pay. That bill is their Sallie Mae student loan bill. Most students rely on Sallie Mae to assist them in furthering their education. New Orleans rapper Dee-1 decided that he had enough of Sallie Mae and wrote a song about [...]

Higher One Ordered To Compensate Students

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Higher One Ordered To Compensate Students Approximately 1.5 million students were paying fees in order to access their financial aid through Higher One Inc. The Federal Reserve and Federal Deposit Insurance Corp. is now ordering Higher One Inc. to compensate these students. For the time that Higher One Inc. was falsely advertising their services, 570,000 [...]

DeVry University Lawsuit Filed By The Federal Trade Commission CSD

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According to the Federal Trade Commission, DeVry University used false advertising in their recruiting, which led students to believe they would be more likely to find a job with higher pay if they chose DeVry over another college. Edith Ramirez, FTC Chairwoman, states, “Millions of Americans look to higher education for training that will [...]

University Of Phoenix are still being watched, despite probation lift

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Three months ago, the Pentagon placed the University of Phoenix on probation and would not allow the for-profit school to recruit on military bases or receive financial aid from the military program. The for-profit college had been violating an executive order when they chose to pay the military for exclusive access to the bases [...]

Lawsuit filed against ITT Tech Exposes Deceptive Practices Against Students

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A lawsuit was filed against ITT Tech, by former dean of academic affairs, Rodney Lipscomb. Lipscomb claimed that he was fired from the for-profit college, after continually voicing concerns about the fraudulent practices he was seeing regarding the admission of students. He alleged that students who couldn’t write understandable sentences were still enrolled at the [...]

Defrauded Students Can Petition to Get Their Federal Loans Forgiven

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Defrauded Students Can Petition to Get Their Federal Loans Forgiven A little known law, which forgives the debt for former students who are able to prove that their schools recruited them using false information, has become very popular in recent months. The program is called the Defense To Repayment and in the last [...]

Universities Are Being Sued By Former Students

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Many young adults attend college with one goal in mind. They want to graduate and find a good paying job in the field they have a degree in. This may sound easy, but lately many graduates are finding that this isn’t as easy as it seems . Most graduates are spending a lot of money [...]

Le Cordon Bleu Is Closing All U.S. Schools

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One of the most famous cooking schools, Le Cordon Bleu, is closing all of their school campuses throughout the United States . It is one of the many for-profit colleges that have recently closed. Many of these for-profit schools have been under scrutiny the last few years over their recruiting strategies and finances. Le Cordon [...]