Biggest US for-profit PSE institutions being investigated for misleading students

January 30, 2014

Several US state attorneys general have begun investigations into 4 of the largest for-profit PSE institutions in the country for misleading students about tuition costs, loans, graduation rates, licensing requirements, placement results, and other matters. Career Education Corp, Corinthian Colleges, Education Management Corp, and ITT Tech have all reported that they are being investigated. In recent months, both ITT and Corinthian have been involved in separate investigations by the Securities and Exchange Commission and the Consumer Financial Protection Bureau. Also, the Justice Department last year shut down “one of the worst" for-profit institutions, ATI. Huffington Post