For-Profit College Recruiters Use Deceptive Practices To Lure Potential Students

[bluestateguy]

This is very dangerous for the main reason that such colleges leave students deeply in debt with worthless degrees that render them unemployable.

http://www.huffingtonpost.com/2010/08/03/for-profit-college-recrui_n_668492.html

A new Government Accountability Office report confirms that for-profit college recruiters not only mislead potential students about their post-graduation job opportunities, but encourage them to lie about their assets to obtain maximum federal financial aid.

As the report details (full PDF here):

Undercover tests at 15 for-profit colleges found that 4 colleges encouraged fraudulent practices and that all 15 made deceptive or otherwise questionable statements to GAO's undercover applicants. Four undercover applicants were encouraged by college personnel to falsify their financial aid forms to qualify for federal aid--for example, one admissions representative told an applicant to fraudulently remove $250,000 in savings. Other college representatives exaggerated undercover applicants' potential salary after graduation and failed to provide clear information about the college's program duration, costs, or graduation rate despite federal regulations requiring them to do so.

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[sakabatou]

1. Not surprising.

[YvonneCa]

2. C-Span 3 has been covering a hearing on this...

...all day. It's worth the time to watch if they replay later.

[txlibdem]

3. Profit motive turns people into liars and thieves and murderers

Tell me something I don't know. When the accumulation of money is the one and only value in your society what do you think you are going to get.

Capitalism is a disease and money is the symptom. Let's cut this cancer out of our hearts and minds.