For-profit schools lash out at administration

September 13, 2016
  • Industry News
  • for profit

The Obama administration’s aggressive handling of for-profit colleges has some accusing it of unfairly targeting the industry.    

The Department of Education has taken action against at least six for-profit schools in the last two years.

One of those schools, Corinthian Colleges, filed for bankruptcy in May 2015 after the department issued a $30 million fine. A second school, ITT Technical Institute, last week announced it was closing all 130 of its campuses due to federal sanctions.

Advocates of for-profit education say the administration is trying to put the industry out of business.

Read more at The Hill: http://thehill.com/regulation/295531-for-profit-schools-lash-out-at-administration