June 6, 2008
GI Bill Could Be a Boon to For-Profit Institutions
Washington
If Congress passes a bill to expand veterans' education benefits, the biggest beneficiary—after the veterans, of course—could be the University of Phoenix.
According to data from the U.S. Department of Veterans Affairs, the for-profit giant enrolled 17,221 veterans during the last fiscal year, making it the top recipient of federal GI aid. Two other for-profit institutions, American InterContinental University and American Public University, ranked second and third, with
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