Scrutiny of For-Profit Recruiting at Homeless Shelters

May 3, 2010

A number of for-profit colleges are recruiting in homeless shelters, helping people there apply for federal grants and loans -- loans that they will be unlikely to repay when many them never advance far in their programs, Business Week reported. The article notes that these students are among those sending for-profit enrollments skyrocketing, with large shares of the costs (and the institutions' revenue) coming from federal funds.

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