Daily Archives: August 11, 2010 - 3 results

Students, never forget the first lesson in Fraud 101: if it sounds too good to be true, it is. This includes offers to help you find and pocket scholarship funds for a fee. With the government coming down hard on for-profit schools, it also seems like a good time to issue a warning about scholarship scams.   Scholarship and financial aid scams plague college entrants FTC, Justice and Education Departments fight fraud together There’s plenty of honest and free financial aid …

The electronic controls in Toyota vehicles don’t appear to have caused any sudden acceleration accidents. The National Highway Traffic Safety Administration said so yesterday in a preliminary report to Congress. In not one of the 58 cases examined did the NHTSA find any evidence of electronic malfunction.   Preliminary report finds nothing wrong with electronics Evidence suggests driver error in some cases Motor Vehicle Safety Act would add safety features to new cars   Toyota Findings Not Final; Other Causes …

In the past couple of weeks we’ve heard some pretty bad things about the for-profit education industry. Students graduating with debt loads they’ll never repay. Outright fraud in the admissions process. Now comes the revelation that for-profit universities thrive on GI Bill money intended to give a hand to veterans readjusting to civilian life.   For-profit schools not the same as traditional colleges and universities Big business and profit motive drive shady practices Many graduates walk away with little to …