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Posted inU.S. Education

For-profit college industry slips through cracks of accountability

Over the past decade, there have been at least 65 state and federal investigations against for-profit colleges. More than 25 of these investigations have ended in court settlements or judgments worth over $1.5 billion. Yet to date, fewer than 35,000 people across the nation have been confirmed to have gotten any money back from their for-profit schools because of these court actions.