USA Today article: This controversial, for-profit college has received $1.6B in

[lightning]

I thought for-profit dumpster fires like University of Phoenix were no longer relevant. Yes, they have lost a lot of market share, but considering their near-death experience which exposed who they really are, one would think that no one would attend these schools at all and UoP would finally shut down.

https://www.usatoday.com/story/news/investigations/2023/03/22/gi-bill-university-of-phoenix-veterans-affairs/11486672002/

[Wahoo Redux]

Well, the focus of education these days is employment.  I think this is yet another biproduct.  Vets are not necessarily interested in the "traditional college experience" and want easy access and flexibility and an easy in to a career (which apparently UOP lies about in its advertising).  I wonder how much of this is people getting a "masters" degree from UOP. 

I always loved having vets in my classrooms.  They were the best people. 

[apl68]

I'm glad that when my brother got out of the service he knew enough not to be taken in by a for-profit scam school when he got to work completing his long-delayed education.

[financeguy]

Since many are using their preference points for GS roles, a degree is often a box checking exercise that will move you up on the scale. It makes perfect sense to do it in the easiest way possible.

[dismalist]

Phoenix and others like it are regionally accredited and explicitly approved by the Dept of Veterans Affairs. One can get ripped off by a host of non-profit colleges, too. For veterans, the incentive to be careful is absent, for someone else is paying tuition.

The source of the problem is not profits, but rather regulatory failure.