An Atlanta Journal-Constitution investigation into the Georgia state agency responsible for regulating for-profit schools revealed a toothless agency that for years has let about 300 private and for-profit schools it regulates operate in Georgia with almost impunity. The AJC found a supposed watchdog agency with shoddy record-keeping, antiquated processes and slapdash oversight.
The commission has ignored red flags about shaky finances at some schools even though a dozen or so close every year, often as a result of a financial collapse. It also has authorized schools without scrutinizing the quality of education, including colleges with meager graduation rates and some labeled by other authorities as diploma mills.
Sidebar: For-profit college students have mixed views on value