{"id":87120,"date":"2009-12-17T15:36:00","date_gmt":"2009-12-17T20:36:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/leaked-doe-inspector-general-memo-regarding-for-profit-schools-2009-12"},"modified":"2009-12-17T15:36:00","modified_gmt":"2009-12-17T20:36:00","slug":"uh-oh-doe-inspector-general-memo-slams-for-profit-schools-ceco-coco-bpi","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/87120","title":{"rendered":"Uh Oh: DOE Inspector General Memo Slams For-Profit Schools (CECO, COCO, BPI)"},"content":{"rendered":"<p>Within the past hour, shares of Career Education Corp. (CECO) started to plunge more than 10%. Soon after, a heavily-redacted memo from the Department of Education&#8217;s Inspector General came out.<\/p>\n<p>The memo questions whether or not the government will continue to provide student aid to colleges accredited by the Higher Learning Commission. Government aid is especially important for colleges budgets, especially the for-profit sector. Below, the memo in full:<\/p>\n<p>\n<object id=\"_ds_19662528\" width=\"600\" height=\"500\" name=\"_ds_19662528\" type=\"application\/x-shockwave-flash\" data=\"http:\/\/viewer.docstoc.com\/v2\/\"><param name=\"FlashVars\" value=\"doc_id=19662528&amp;mem_id=1825584&amp;doc_type=pdf&amp;fullscreen=0&amp;allowdownload=1&amp;showrelated=0&amp;showotherdocs=0\" \/><param name=\"movie\" value=\"http:\/\/viewer.docstoc.com\/v2\/\" \/><param name=\"allowScriptAccess\" value=\"always\" \/><param name=\"allowFullScreen\" value=\"true\" \/><\/object><br \/>\n<br \/><span style=\"font-size: xx-small;\"><a href=\"http:\/\/www.docstoc.com\/docs\/19662528\/l13j0006\">l13j0006<\/a> &#8211; <\/span><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b2a977e000000000053bb0d\" border=\"0\" alt=\"COCO1217\" \/><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b2a97880000000000910434\" border=\"0\" alt=\"CECO1217\" \/><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b2a979400000000005b3a67\" border=\"0\" alt=\"BPI1217\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/leaked-doe-inspector-general-memo-regarding-for-profit-schools-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/how-not-to-go-from-banking-to-law-school-2009-12\">How Not To Go From Banking To Law School<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/us-highschool-students-no-read-for-college\">75% of US High School Graduates Shouldn&#8217;t Go To College<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/come-on-is-thre-really-a-devry-grad-at-goldman-sachs-2009-11\">Come On, Is There Really A Devry Grad At Goldman Sachs?<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/okBib8c9OPE\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Within the past hour, shares of Career Education Corp. (CECO) started to plunge more than 10%. Soon after, a heavily-redacted memo from the Department of Education&#8217;s Inspector General came out. The memo questions whether or not the government will continue to provide student aid to colleges accredited by the Higher Learning Commission. Government aid is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-87120","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/87120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=87120"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/87120\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=87120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=87120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=87120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}