With the announcement on Wednesday by New Mexico’s attorney general, Gary King, that his office was suing ITT Educational Services over alleged misrepresentations to nursing students, a total of 22 state attorneys general are now known to be investigating or suing for-profit-college companies.
Several federal agencies, including the Department of Justice, the Securities and Exchange Commission, the Consumer Financial Protection Bureau (which also announced a lawsuit against ITT this week), and the Federal Trade Commission, have also taken such actions.
The Chronicle of Higher Education lays it all out in a grid showing which of the publicly traded college companies are facing actions or inquiries by which agencies. Read more at: https://chronicle.com/blogs/bottomline/government-investigations-and-suits-against-for-profit-colleges-the-grid/
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