Nineteen Members of Congress sent a letter to Education Secretary Arne Duncan asking him to “carefully examine the recent conversions to determine whether these institutions may legitimately be treated as non-profits for purposes of Department of Education regulations or whether they instead should remain covered by the rules and notifications governing for-profits”. They also ask about the Department’s process for reviewing these conversions.
Letter to Secretary Duncan from Members of Congress About For-Profit Colleges Converting to Non-Profit
by Protect Students and Taxpayers | Apr 27, 2015 | Nonprofit Conversion