Attorney General Martha Coakley has launched an investigation into the practices of several for-profit colleges in the state, according to a report in last week’s Boston Globe. Crittenton Women’s Union as been in the forefront of this critical issue and welcomes the AG’s action.
Seventy-nine percent of those seeking assistance from CWU’s Student Debt Legal Assistance program over a 10-month period had attended at least one non-profit college. The default rate was four times higher for loans out taken by students of for-profit colleges than loans taken out by students of nonprofit institutions.
In response to this growing problem, CWU published a policy brief last fall and reported the findings to the AG’s office. In addition, CWU initiated legislation in January to create a commission to investigate predatory practices at for-profit colleges and create stronger oversight of these schools.
An Act to Form a Commission on For-Profit Schools (H.1066/S.134) will be heard before the Joint Committee on Higher Education
Wednesday, June 8th , 2011, 10:00am
Hearing Room A2, The State house
CWU hopes you can attend to support our efforts. Written testimony can be submitted to: Joint Committee on Higher Education, State House, Room 472, Boston, MA 02133.
If you have any questions, please contact Chelsea Sedani, Public Policy Coordinator, at 617.259.2936 or firstname.lastname@example.org