Great report given by Senator Tom Harkin of Iowa on the Senate floor Dec. 14, 2010. He headed an oversight committee investigation of For-Profit Colleges and how they exploit their students and the Federal loans and grants they receive. This is the presentation of the investigations findings.
“The result is that the vast majority of For-Profit schools have prioritized growth over education in order to statisfy the demand of their investors. In fact, growth and return on investments for share holders is their legal obligation.” -Sen. Tom Harkin