Some of the nation’s largest veterans and military organizations recently sent letters to the Veterans Affairs Department, asking it to crack down on colleges that prey on vets by charging exorbitant fees for degrees that mostly fail to deliver promised skills and jobs.
It's covered in an article in the New York Times by Gardiner Harris.
The letters were signed by top officials at the American Legion, the National Military Family Association, the Military Officers Association of America and nearly 20 other groups. "Veterans are an especially enticing target because, under a loophole in federal law, money from the G.I. Bill does not count against a cap on federal funding to for-profit schools," according to the piece.
Corinthian Colleges, once one of the largest for-profit college chains, went bankrupt last year after the Education Department suspended its access to federal student aid. The chain was accused of false advertising, including exaggerations about its students’ career placement. The industry says in response to the letters that it offers nontraditional students a flexible way to gain career skills, the article reports.
Some career programs offered by for-profit institutions are also available at nearby community colleges, where tuition is far less expensive.