For-profit Colleges

When Is an 'Affordable' College a Bad Deal?

In recent years, the number of students enrolling in for-profit educational institutions has more than quadrupled. Tuition is lower that at private colleges, and there's more flexibility. But there's good reason to worry that most of those students are wasting their money and time.

Feds Warn For-Profit Colleges: Do Better or Lose Student Aid

Former students in career-training programs at dozens of for-profit institutions have had so much trouble paying off their loans that the schools could lose access to federal student aid if they don't improve, the Department of Education reports.

Obama Orders For-Profit Schools to Stop Scamming Our Troops

Last week, President Obama signed an executive order to protect veterans, soldiers and their families from being swindled and hoodwinked by for-profit schools. Check out some of these shady behaviors, and you'll understand what set Obama off.

For-Profit Colleges Could Lose Federal Aid

Some for-profit colleges may lose access to U.S. government aid as the Department of Education works to improve oversight of the sector. Colleges that pay recruiters based on how many students they sign up could be disqualified from participating in federal-aid programs, Bloomberg News reported. The student aid is worth $26.5 billion and can account for as much as 90% of company revenue.