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For-profit Colleges Target Veterans

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For-profit colleges are increasingly recruiting veterans, and are taking in a large portion of the billions of dollars in federal grants and loans alloted to vets.  One of the for-profit colleges most aggressively recruiting is Kaplan, which owns 75 colleges and the online Kaplan University. Kaplan is also part of the Washington Post Company.   Bloomberg News editor-at-large Dan Golden joins us to explain why Kaplan is facing investigations and four whistleblower lawsuits accusing the company of deceptive practices.

This segment aired on November 15, 2010.

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