Education officials are holding for-profit colleges such as ITT accountable after years of consumer complaints about shoddy programs, deceptive marketing and high loan defaults. And as the economy recovered and allegations of abuse mounted, fewer people were willing to take a chance on for-profit schools. Government enforcement moves, he said, could put real pressure on some career colleges. Yet the Obama administration, he said, is “sacrificing a whole generation of students to advance their ideological hostility” toward for-profit schools. He is suing the Education Department over its refusal to recognize his chain as a nonprofit under the federal financial aid program.

Source: Washington Post September 08, 2016 22:25 UTC