Councilor, group says students being preyed upon in recruitment efforts
May 29, 2012
"The 'predatory' practices of for-profit colleges on Boston students will be the subject of a City Council hearing today.
Among those expected to speak today during the hearing is Attorney General Martha Coakley who yesterday joined 21 other attorneys general in asking Congress to close a loophole in a federal law to prohibit for-profit colleges from deriving more than 90 percent of their revenue from government funding.
Since last year, Coakley has been investigating the recruitment and student loan practices of some of the schools including Kaplan Career Institute in Boston and Everest Institute in Brighton and Chelsea, the Globe reported."...