Nearly all allegations of fraud submitted to the U.S. Department of Education by students concern for-profit colleges, according to a new report from the Century Foundation.
Data for the report, obtained through a Freedom of Information Act request by the left-leaning think tank, show that 98.6 percent of 98,868 borrower defense-to-repayment claims were from students who said they had been defrauded by for-profit colleges. Most of the claims were made against the now-defunct Corinthian Colleges; however, even when Corinthian was removed from the analysis, for-profit institutions accounted for 94 percent of the claims.
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