Accession Number:

ADA592819

Title:

For-Profit Colleges and the GI Bill: A Worthwhile Investment?

Descriptive Note:

Research paper

Corporate Author:

DEPARTMENT OF JUSTICE WASHINGTON DC

Personal Author(s):

Report Date:

2012-05-12

Pagination or Media Count:

32.0

Abstract:

The proliferation of for-profit colleges and questions about their recruiting tactics and program quality has caused concern among educators and legislators for quite some time. This issue also has been a concern within military and veterans communities because of the number of servicemembers and veterans who choose to use their tuition assistance or GI Bill benefits at for-profit colleges. The enactment of the Post 911 GI Bill has made this a more urgent problem for two reasons. First, a larger number of servicemembers and veterans are using these benefits at for-profit colleges. Second, as for-profit colleges seek to stay within the mandates of the 9010 rule, which requires that they receive at least 10 percent of their revenue from non-federal funding sources, they are aggressively targeting servicemembers and veterans eligible for GI Bill benefits because those benefits do not count as federal benefits for purposes of the 9010 calculation.

Subject Categories:

  • Economics and Cost Analysis
  • Humanities and History
  • Personnel Management and Labor Relations
  • Military Forces and Organizations

Distribution Statement:

APPROVED FOR PUBLIC RELEASE