Not waiting for Congress to act, President Barack Obama will sign an executive order Friday aimed at protecting military families and veterans from the deceptive practices of some for-profit colleges.
Recipients of the GI Bill are often targeted by “diploma mills” because of the “easy availability of the federal loan money.” The order will make it harder for post-secondary and technical schools to misrepresent themselves.
Four protective actions aimed at preventing the predatory practices:
- “Know Before You Owe” – Schools will be required to provide this federal form explaining financial aid to veterans and military personnel on he GI Bill.
- Schools that Comply – The VA will post on its website which schools have agreed to follow the executive order and follow the protections.
- Registering the “GI Bill” – To protect the term from being misused, the VA will register the term.
- Complaint Central – the federal government is ordered to establish one central location where veterans and military families can report a problem or file a complaint making it easier for federal agencies to investigate.
The Student Veterans Association revoked its chapters at 26 for-profit schools because of suspect marketing practices.
Filed under: Education, Military families, Veterans, Veterans Administration | Tagged: For-profit school, GI Bill, Iraq & Afghanistan Veterans of America, Post-9/11 GI Bill, Student Veterans of America |