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For-Profit Colleges and the GI Bill: A Worthwhile Investment.

机译:营利性学院和GI法案:值得投资。

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The proliferation of for-profit colleges and questions about their recruiting tactics and program quality has caused concern among educators and legislators for quite some time. This issue also has been a concern within military and veterans communities because of the number of servicemembers and veterans who choose to use their tuition assistance or GI Bill benefits at for- profit colleges. The enactment of the Post 9/11 GI Bill has made this a more urgent problem for two reasons. First, a larger number of servicemembers and veterans are using these benefits at for-profit colleges. Second, as for-profit colleges seek to stay within the mandates of the 90/10 rule, which requires that they receive at least 10 percent of their revenue from non-federal funding sources, they are aggressively targeting servicemembers and veterans eligible for GI Bill benefits because those benefits do not count as 'federal' benefits for purposes of the 90/10 calculation.

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