The Ed Dept revived a financial aid investigative unit. Is it open season on for-profit colleges?
Natalie Schwartz
October 21, 2021
The sector fears it will be unfairly targeted by probes into financial aid abuses. Experts say the division should look into infractions across higher ed.
When Joe Biden was still a presidential hopeful, he pledged to step up oversight of the for-profit college industry if he were chosen to lead the nation.
His administration took steps to fulfill that promise this month. The U.S. Department of Education announced it is reviving an enforcement division dismantled under the Trump administration that will be responsible for investigating whether colleges are abusing federal student aid and posing a risk to students and taxpayers.
“Vigorously ensuring that schools are adhering to the federal student aid program rules and delivering quality education to students is critical in America’s ability to build back better,” undersecretary James Kvaal said in the announcement.
