Thursday, January 16, 2014

Sen. Dick Durbin Accuses For-Profit College Chain Of Defrauding Taxpayers

A top Senate Democrat on Thursday called for the Obama administration and collegiate accreditors to investigate whether a major for-profit college company, Corinthian Colleges Inc., systematically deceived students, government officials and taxpayers by inflating its job placement rates.

Citing a HuffPost investigation of Corinthian Colleges published this week, Sen. Dick Durbin of Illinois said the company's practices amounted to "an egregious misuse of taxpayer dollars."

"I write to ask the Department of Education to respond to these allegations and to spell out what, if any, direct authority the Department has to hold Corinthian accountable for this fraudulent behavior," Durbin wrote in a letter to U.S. Education Secretary Arne Duncan.

Sen. Dick Durbin Accuses For-Profit College Chain Of Defrauding Taxpayers

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