With summer nearly over, the nation’s college campuses are bustling once again.
For many students however, the rites of passage associated with higher education won’t be rushing a sorority, winning the big game or planning a spring break trip to Florida.
No, looking back, a growing number of students will regale their children with horror stories about being ripped off by a for-profit college.
Of late, the U.S. Senate’s Health, Education, Labor, and Pension Committee has been investigating the booming multi-billion dollar for-profit college industry -- think Kaplan University or DeVry for example. What it has found thus far is not pretty.