Press Release/Statement | July 30, 2012

TICAS Statement on Final Senate Report on For-Profit College Industry

The report from the Senate Health, Education, Labor and Pensions (HELP) Committee’s two-year investigation of the for-profit college industry makes the urgent need for reform abundantly clear. By closely examining industry practices, corporate finances, and student outcomes, the investigation exposed that billions of taxpayer dollars are funding an industry rife with a toxic mix of misleading sales tactics, unmanageable student debts, low completion rates, and growing evidence of fraud.

Read the statement