I agree with CECU: There are shady operations that use misleading websites to convince students -- students who believe they were defrauded -- to pay high fees for assistance in applying to the Department of Education to get their federal loans forgiven. As is clear from CECU's comment submitted Monday to the Education Department, demanding that the Department withdrew its new proposed student debt relief rules, the for-profit colleges are worried that granting of debt relief to defrauded students will lead the Department to seek to recoup funds from the colleges who did the defrauding. As to the fraud against students and taxpayers that many of its members have used to generate revenue, you don't hear much from CECU about that. You can count on CECU to fight against fraud -- when the fraud threatens its members and their bottom line. That fact is remarkable, because, as documented by multiple congressional investigations, law enforcement investigations, media reporting, and the accounts of students and whistleblowers, for the past two decades, numerous CECU member colleges have used scam websites, misleading advertising, deceptive recruiting, and false reporting to fleece students.

Source: Huffington Post August 03, 2016 01:18 UTC