Two months after abruptly closing its doors as a result of losing access to federal student financial aid, the for-profit Marinello Schools of Beauty has settled a whistleblower case that accused the school of engaging in various schemes to defraud the government of federal financial aid dollars. [More]
No more funds for you
For-Profit Beauty School Chain Shuts Down Just Days After Losing Federal Funding
Just days after losing access to federal student financial aid because it allegedly falsified records and overcharged students, the for-profit Marinello Schools of Beauty has shuttered all of its campuses. [More]
Two For-Profit College Chains Lose Government Funding Over Misrepresentations, Inflated Job Placement Rates
If you hear a for-profit college touting its high job-placement rate, you’ve got good reason to be skeptical. Federal regulators have cut of government funding to two more for-profit education chains caught inflating placement stats.
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