US Federal Agency threaten big fines against for-profits colleges that dupe troops, veterans

The US Federal Trade Commission officials are vowing to crack down on “shady” recruiting tactics used on service members and veterans by for-profit colleges with harsh new financial penalties for offenders. On Wednesday, the commission sent notices to 70 of the largest for-profit colleges alerting them of the potential for fines of more than $43,000 per offense for unfair or […]