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Warn students and parents about for-profit colleges

4/30/2018

Last week Senator Dick Durbin sent an important letter to Illinois educators, counselors, and principals as part of his continuing campaign to alert students and their families to the dangers of for-profit colleges.
 
For the fifth consecutive year, Senator Durbin is asking those who work with students and parents to help sound the alarm about the risks of enrolling in for-profit higher education institutions. These predatory schools sink students into a lifetime of debt with flashy advertising and false promises of affordability and high-paying futures.

From Durbin's letter: “Students attending for-profit schools are too often left with a degree or certificate that employers do not recognize, credits that do not transfer to other legitimate institutions, and almost twice the amount of average debt of their fellow students attending public institutions like community colleges.”

Several companies that operate for-profit institutions in Illinois are currently under investigation or facing lawsuits, including:

- Ashford University (owned by Bridgepoint Education, Inc.)
- American Intercontinental University (owned by Career Education Corporation (CEC)
- Chamberlain College of Nursing and DeVry University (owned by Adtalem Global Education)
- Illinois Institute of Art (part of “The Art Institutes”) and Argosy University
- Kaplan University (now Purdue Global University)
- Universal Technical Institute
- University of Phoenix (owned by Apollo Education Group)

Several other for-profit institutions have been placed on Heightened Cash Monitoring (HCM) status by the U.S. Department of Education. Institutions are placed on HCM when the Department has identified concerns about to the school’s financial instability or compliance issues with federal regulations. Anyone considering these colleges should be extremely cautious. (See the list here.)
 
Secretary of Education Betsy DeVos has rolled back important rules and regulations designed to protect people from for-profit predators, making our unique position working with students and families critically important. We can play a vital role in spreading the word.

As Durbin notes, “For an Illinois student, getting the right information from the right person can mean the difference between a successful future and a lifetime of student debt and despair.”

Thanks to Senator Durbin for leading this fight to protect Illinois students and their families. Please join the effort.


Read Durbin’s letter here.

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