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GAO singles out schools in report
(Investor's Business Daily)
Investor%27s Business Daily - Apollo Group%27s (NMS:APOL) University of Phoenix, Corinthian Colleges%27 (NMS:COCO) Everest College, Washington Post Co.%27s Kaplan College and Education Management%27s (NMS:EDMC) Argosy University enrolled students in programs they can%27t afford, exaggerated potential earnings and urged some to lie on financial forms, said the Gov%27t Accountability Office. Senate Education Committee Chairman Tom Harkin pledged to curb abuse. The GAO made the charges Tues. but hadn%27t named specific for-profits. School stocks fell a bit. |
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