President Requests Additional Funds To Investigate Alleged For-Profit Education Fraud Against College Students, Taxpayers

For-Profit Education Fraud Against College Students

President Obama is requesting additional funding to bolster the government’s for-profit college investigative unit following increasing reports alleging that for-profit colleges are defrauding American students, U.S. taxpayers, and the federal government. As reported The Chronicle of Higher Education this week, the $13.6 million request, part of the annual budget proposal to be submitted to Congress next week, will boost the U.S. Department of Education’s Student Aid Enforcement Unit, which investigates alleged for-profit education schemes.

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