Economy

18 State Attorneys General Are Investigating For-Profit Colleges

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Campus Progress’ Katie Andriulli finds Kentucky Attorney General Jack Conway explaining that 18 states are involved in a joint investigation into the for-profit college industry. “Earlier this year, news reports said that eleven state attorneys general were part of this effort, so it clearly is growing,” Andriulli noted. As we’ve documented, for-profit colleges make the overwhelming majority of their revenue from the federal government, while leaving their students buried in debt and with bleak job prospects. The industry has been fighting new regulations meant to rein in some of its worst practices.