A college education can set you up for a lifetime though it can come with a hefty price tag: Some unfortunate students have gotten both a mountain of debt and an education that falls far short of their expectations.
Across the nation, a few for-profit colleges have been deceiving students into taking out private loans that cost more than advertised. Others have made false claims about job placement rates or have offered credits that dont transfer and in some cases dont qualify students for the licenses they need.
Veterans have been particularly targeted, with schools eyeing their GI benefits. And for-profit colleges generally attract a higher percentage of low-income students, making these students targets as well.
As a …
Read the full article at: http://theconversation.com/why-students-need-better-protection-from-loan-fraud-82723
