For-Private Colleges Taking Heat at the State Level

You have probably heard that for-profit universities have been taking flak in the form of allegations of ripping off students. Right now, the federal government has these establishments under the microscope. Now state-level authorities are getting into the mix, led by the Florida Attorney General’s Office, which will be investigating the following 5 for-profit universities:

  • Kaplan Inc
  • University of Phoenix
  • MedVance Institute
  • Argosy University
  • Everest University

The allegations which have been made against these universities include:

  • Misrepresentations relating to financial aid
  • Unfair recruiting, enrollment, accreditation, and job placement practices

With college graduations strapped with debt in the form loans and auto loans for students, finding a job after graduation is as important – and as difficult – as ever.