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Wed January 8, 2014
For-Profit Colleges' Methods Under Fire
Massachusetts is joining a growing number of states that want to better regulate for-profit colleges like DeVry, the University of Phoenix, and the Brookline-based Art Institute of New England to prevent aggressive recruiting of people who can’t afford to spend upwards of $40,000 a year on tuition and fees.
The attorney general's office is taking testimony this week on new rules that would strengthen oversight of colleges that don’t have tax-exempt status and rely on tuition and stock market investors.
- Toby Merrill works at Harvard Law School's Legal Services Center and represents low-income student loan borrowers. She testified on Tuesday before the attorney general’s office.