A never-released federal audit finds dozens of colleges are so dependent on taxpayer money that they would be violating a law designed to prevent profiteering, if not for a loophole.
California lawmakers unanimously approved legislation designed to prevent for-profit schools from preying on veterans at taxpayer expense – but not before the bill’s author removed most of its significant provisions.
Citing new information, the federal agency lifted restrictions put in place after California regulators audited the for-profit school’s San Diego campus.
The parent companies of the University of Phoenix and Art Institutes chains, as well as ITT Tech and Strayer University would be at risk of losing all federal funding if not for the exemption, according to a Senate report.
The post-World War II GI Bill helped veterans live the American Dream. But a new GI Bill designed to help those returning from Iraq and Afghanistan is coming under fire.
Substandard for-profit schools in California get millions in GI Bill funds, with the most going to the University of Phoenix, San Diego. But some veterans say they are left with worthless degrees and few job prospects.
UCLA continued to approve luxury accommodations for two of its biggest spenders, despite criticism for lavish travel and entertainment expenses by its top academic officials. The university now has issued new travel guidelines that restrict some expenditures.