So they are getting hit with cost of business. 100k students with 78% being affected, 50k tuition that is actually 25% more than advertised.
(78,000 students)(50,000 tution)(.25) = 975million they made just from extra fees tricking those students. A 38 million fine should be on top of the 975million they pay back for conning people. Why would they stop when they make money off of this?
I agree and hate it all, but as far as why would they stop, they are also under new scrutiny for the future and have guidelines/oversight applied specifically to GCU to monitor and inform current and future enrollees: https://www.ed.gov/news/press-releases/us-department-education-office-federal-student-aid-fines-grand-canyon-university-377-million-deceiving-thousands-students
*I also think they should be paying extra annually for the taxpayer-funded oversight
All the best lies were started by religious grifters. Why all the shocked faces?
You'd think as much money as god makes that he'd make his colleges free.
Can people just finally stop enrolling in for-profit institutions? They are all dirty like this.