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Lisa Madigan joins other AG's in targeting for profit schools

Wed, 30 May 2012 09:07:30 CDT
By: AP

Lisa Madigan joins other AG's in targeting for profit schools Illinois Attorney General Lisa Madigan is joining counterparts from 20 other states in pressing Congress to stop what they say is the exploitation of military veterans by for-profit colleges. They sent a letter Tuesday urging Congress to close a loophole in the Higher Education Act that they say is to blame for a push by the colleges to recruit veterans and their families. That recruitment rush allows the colleges to cash in on taxpayer-financed tuition money coming out of the GI Bill and the US Department of Defense Tuition Assistance program. Madigan says service members, veterans and their families have become "rich targets for aggressive for-profit college recruiters." She also accuses the colleges of entrapping the veterans in costly private loans in exchange for what she calls "questionable degrees."

   

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