On the recordDecember 14, 2010
I say to the Senator, who has been a leader in this effort of looking at the for-profit industry, trying to get the facts so we can make reasonable decisions as legislators about protecting both the taxpayers' dollars and protecting students, on December 8 our committee published this report called ``Benefiting Whom, For-Profit Education Companies and the Growth of Military Education Benefits.'' I suggest that he might want to look at that. The Senator is absolutely right. More and more of this money is going to the for-profit schools. Let me put it this way: Between $640 to $700 million in GI bill benefits went basically to public institutions, public schools--the University of Illinois, Iowa State, University of Colorado, University of Georgia--all that. About $640 to $700 million went to public schools. That supported 209,000 students. About the same amount of money from GI bill benefits went to the for-profit schools and supported 75,000 students.
