Senate committee scrutinizing for-profit colleges, targeting ‘bad actors’

Senate panel scrutinizes for-profit colleges

Democratic senators question whether for-profit colleges that reap huge amounts of federal aid dollars are delivering on promises to students and taxpayers.

The fast-growing for-profit college industry is the subject of a series of congressional hearings that opened Thursday.

The sector is facing increased scrutiny and is fighting greater government regulation it says will cut off access to education at the worst possible time.