Yet another reason to to be smarter about education.
The New York Times reports:"The Washington Post Company's Kaplan Inc. unit suspended enrollment on Friday at its campuses in Pembroke Pines, Fla., and Riverside, Calif., where undercover investigators for the Government Accountability Office found deceptive practices by admissions officials.
At a Senate hearing on Wednesday on recruitment at for-profit colleges, a G.A.O. report, accompanied by videos, described deceptive or fraudulent practices at each of 15 campuses visited, two of which were Kaplan campuses. At Kaplan College in Pembroke Pines, for example, an admissions officer told investigators posing as applicants that the college had the same accreditation as Harvard.
Washington Post stock fell $31.05, or 7.6 percent, to close at $377.56 on Friday, its largest drop in more than a year . . ."
Full story HERE.
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CJ Westerberg
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Artie
