More scrutiny needed on for-profit colleges

Kylie Lacey's picture

Finally, government regulators are getting the message about for-profit colleges.

The message is simple: Taxpayers and students have gotten gouged too often, and for too long, with little to show in return.

Now comes word that Corinthian Colleges, Inc., the parent company of for-profit Everest University — which has 11 of its 12 campuses in Florida — is selling its Pompano Beach school as part of a settlement with the federal government.

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