10 Of The Most Expensive, For-Profit Universities
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siliconindia | Monday, 01 September 2014, 17:49 IST
Medvance Institute
Medvance that functions as a corporation rather than an educational institute, has undergone many investigations for its fraudulent business practices over the years. The community college that typically grants two-year degrees was caught by a Govt agency as the varsity encouraged its students to provide false information on their FAFSA forms in order to receive government financial aid. Additionally, the students were also told to lie about their total amount of savings, in order to receive government help.
Kaplan
Kaplan is one of the oldest for-profit universities headquartered in Fort Lauderdale that was founded in 1938 by Stanley Kaplan. And ever since its existence it has been defrauding its students.
The institute that provides higher education programs, professional training courses, test preparation materials and other services was involved in a lawsuit in 2007 that accused them of a variety of corrupt activities, and the university ended up paying $30 million to fix the lawsuit. The university that charges whooping $70,000 for a Bachelor of Science programs, additionally operates a Concord Law School, which is unaccredited by the American Bar Association.
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