Several for-Profit Universities being Investigated by Florida Attorney General
Florida Attorney General, Bill McCollum, has launched an investigation against several for-profit universities. The economic crimes division out of Fort Lauderdale will be handling the investigation against Kaplan Inc., the University of Phoenix, MedVance Institute, Everest College, and Argosy University.
The investigation centers around whether these schools have made misrepresentations about financial aid and whether unfair trade practices were used regarding recruitment, enrollment, accreditation, placement and graduation rates. In August, the U.S. Government Accountability Office issued a report indicating that it had found fraudulent and misleading practices in the enrollment process of 15 for-profit universities nationwide.
The fact that the AG's office is conducting an investigation may impact enrollment and accredibility whether fraudulent activity is uncovered or not. To learn more about this investigation, visit AG investigating for-profit universities.
If you have further questions about unfair practices or competition, contact Wood, Atter & Wolf, P.A. for legal counsel.
