FTC threatens hefty penalties against for-profit colleges for false claims, warning 70 schools

The FTC outlined several cases it previously determined are illegal because they are deceptive or unfair. They include misrepresenting “directly or by implication” employment prospects for an institution’s students, graduates’ earning potential, and an institution’s ability to help students find jobs. They also include misrepresenting employment requirements in a field for which an institution trains students. Continue reading.

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