the Justice Department has not cut off federal funding to schools that have been targeted by state attorneys general, the Consumer Financial Protection Bureau , the Securities and Exchange Commission , or the Justice Department on grounds of suspected fraud. To handle the load, 37 state attorneys general have teamed up to form a working group. The U.S. Department of Education reports that officials are wary of stopping the flow of money based on accusations, and for-profits targeted in these investigations do not admit any wrongdoing. Furthermore, the report alleges that for-profit colleges have been manipulating their student outcome data to obscure their worst-performing campuses, and thus going on to receive about $8.1 billion in federal student aid.
the Justice Department has not cut off federal funding to schools that have been targeted by state attorneys general, the Consumer Financial Protection Bureau , the Securities and Exchange Commission , or the Justice Department on grounds of suspected fraud. The U.S. Department of Education reports that officials are wary of stopping the flow of money based on accusations, and for-profits targeted in these investigations do not admit any wrongdoing. Furthermore, the report alleges that for-profit colleges have been manipulating their student outcome data to obscure their worst-performing campuses, and thus going on to receive about $8.1 billion in federal student aid.