The Obama administration took aim at the for-profit educational industry, which is largely financed by federal student loans. It joined 11 states and the District of Columbia this week in suing one of the sector’s biggest players, Education Management Corp., for allegedly paying recruiters based on the number of students they recruited. That practice is banned because it can encourage the signing up of unqualified students.
Only 12 percent of U.S. higher-education students are enrolled in for-profit colleges, but they account for almost half of all student-loan defaults. Ten state attorneys general have also launched a joint investigation into the entire sector.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
September 14 editorial cartoonsCartoons Sunday’s political cartoons include RFK Jr on the hook, the destruction of discourse, and more
-
Air strikes in the Caribbean: Trump’s murky narco-warTalking Point Drug cartels ‘don’t follow Marquess of Queensberry Rules’, but US military air strikes on speedboats rely on strained interpretation of ‘invasion’
-
A tour of Sri Lanka’s beautiful northThe Week Recommends ‘Less frenetic’ than the south, this region is full of beautiful wildlife, historical sites and resorts
