Cost of Education, Domestic, For-Profit, Policy, Required, Student Loans, University & College - Written by on Friday, November 4, 2011 15:35 - 0 Comments

Heard: Senate Overstated Benefits Received by For-Profit Colleges – BusinessWeek

Sen. Tom Harkin speaks at a rally held by the ...

Oops. We're still right anyway. Sen. Tom Harkin: Image via Wikipedia

Oops. Senator Tom Harkin’s  committee accidentally added two years of for-profit benefits together, said Bloomberg news. This, on top of allegations of hedge fund murky dealings with Harkin’s staff during investigations.

Still, what’s interesting is that even with the numbers correct the findings are still the same, just not quite as egregious.

The Senate Health, Education, Labor and Pensions Committee mistakenly combined two years of data into one, committee chairman Senator Tom Harkin, Democrat of Iowa, said today. Eight for-profit colleges received about $626 million in veteran education benefits in the most recent academic year instead of $1 billion as reported Sept. 22, he said.

“Upon discovering this error, HELP Committee staff re- analyzed the data and found that the central findings remain unchanged: the top 10 recipients of Post-9/11 GI Bill education benefits are the same, and eight of the 10 biggest recipients in 2010-2011 are for-profit colleges with poor rates of student success,” committee spokeswoman Justine Sessions said in an e- mailed statement.

via Senate Overstated Benefits Received by For-Profit Colleges – BusinessWeek.

Leave a Reply


Campus Buzz

We welcome Tips & Pitches

What you need to know weekly:
The WiredAcademic newsletter.

* = required field

Latest WA Original Features

  • Twitter feed loading

Paul Glader, Managing Editor

Eleni Glader, Policy Editor

Elbert Chu, Innovation Editor

Ravi Kumar, Reporter & Social Media Editor

Derek Reed, Reporter

Brock Buesing, Contributor

error : cannot receive stock quote information

Cost of Education, Domestic, Education Quality, Ethics, For-Profit, Regulatory, Required, Students, University & College - Mar 11, 2012 21:17 - 0 Comments

Heard: Senators On Warpath Against For-Profit College Military Push

More In For-Profit

Blended Learning, Domestic, Elementary / Primary / Junior, Flipped Classrooms, High school / Secondary 2, International, Open Source Education, Required, School teachers, Startups, Students, Technology - Mar 12, 2012 19:04 - 0 Comments

Big Weekend For Sal Khan; Appears On 60 Minutes & Launches Free iPad App

More In Technology

Domestic, Education Quality, For-Profit, Friend, Fraud, or Fishy, Required, University & College - Feb 10, 2012 16:36 - 0 Comments

Heard: NYC Warns Against For-Profit Adult Education Scams

More In Friend, Fraud, or Fishy