For-profit higher education companies are on a spending spree for lawyers with experience in congressional investigations, as they try to respond to an expansive new inquiry into their operations.
The industry is under scrutiny after experiencing a growth spurt during the recession. More unemployed workers are trying to improve their job prospects by taking technical classes. Critics, including Sen. Tom Harkin, D-Iowa, question whether the companies have been too aggressive by exaggerating the job prospects of their graduates or by gaming the federal system for financial aid. Harkin, the chairman of the Senate Committee on Health, Education, Labor and Pensions, last month sent letters to 30 for-profit education companies asking for information about job placement rates, the cost of programs and the debt that students take on.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]