For-Profit Colleges’ Deception Uncovered by Probe
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Recruiters at U.S. for-profit colleges lied to entice students and encouraged them to commit fraud to qualify for aid, a report by the Government Accountability Office found.
Recruiters at all 15 colleges studied by the GAO, Congress’s investigational arm, misled potential students about the costs, duration and quality of their programs, according to a report obtained by Bloomberg News that will be released publicly tomorrow. The 30-page report said recruiters at four of the colleges encouraged fraud on loan applications, without identifying the institutions.