Saturday, September 11, 2010

NEWS: Westwood College campuses in Fort Worth, Houston, Dallas may lose licenses




Check this OUT!


Westwood College campuses in Fort Worth, Houston and Dallas are under fire again, with a state regulatory agency saying the for-profit schools may lose their licenses after concerns about potentially deceptive and fraudulent practices.

The action follows an undercover federal investigation this summer at Westwood and 14 other for-profit colleges. The investigation, by the Government Accountability Office, found that all 15 made deceptive or questionable statements about graduation rates, guaranteed jobs after graduation or exaggerated potential earnings. Four of the colleges encouraged fraudulent practices, such as having students submit false information about their financial status, the watchdog agency reported.

The report said a Westwood representative in Texas coached an undercover investigator to not report $250,000 in savings to qualify for federal aid. Posing as a prospective student, the investigator indicated that the $68,000 cost of the program was affordable. But the financial aid officer said it was not the government's business how much money the applicant had in the bank. "The fraud would have made the undercover applicant eligible for more than $2,000 in grants a year," the GAO reported.



Read more: http://www.star-telegram.com/2010/09/10/2459261/westwood-college-campuses-in-fort.html#ixzz0zI6DHYVG

1 comments:

Anonymous said...

I'll let you know how it turns out but I think you are right. A great place to get a lot of loans and still not graduate for not having enough to pay for the programs. But only after you've completed more than half of the program so those loan amounts have to be paid back regardless of if you did not finish due to lack of funds.

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