From David Halperin: "The U.S. Federal Trade Commission today filed a lawsuit against one of the largest for-profit colleges, DeVry University, for allegedly misleading students about job placement rates and salaries for the school's graduates. The FTC complaint, filed in federal court in Los Angeles, alleges, "Through the use of English and Spanish-language advertisements and other marketing materials, and during sales pitches with prospective students [DeVry has] made deceptive representations about the benefits of obtaining a degree."
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Not surprising, they run their business just like Everest. We all know how that ended.