Dive Brief:
- Four for-profit college companies have all recently disclosed that they are the target of investigations by state attorneys general.
- Career Education Corp., Corinthian Colleges, Education Management Corp., and ITT Tech each said it was being investigated by a dozen states.
- The attorney general of Kentucky is taking the lead in looking into issues such as cost, loans, placement results, and graduation rates.
Dive Insight:
These investigations are in addition to inquiries started on the federal level, including the Consumer Financial Protection Bureau's pursuing ITT over possible student loan violations.