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For-Profit Colleges Shortchange Taxpayers, Senate Study Says

For-profit college chains including Apollo Group Inc. pressured students to enroll while dodging questions about costs, according to a Senate report that cites a trove of internal e-mails and training documents.

The schools received $32 billion in tuition aid in 2009-2010 and aren’t a good investment for taxpayer money, according to the study released yesterday. In its probe, the Senate Committee on Health, Education, Labor and Pensions, led by Iowa Democrat Tom Harkin, examined 30 companies over two years.