SVA's "for-profit" status

unsoccer-mom
Tue, 02 Aug 2005 20:09:51 +0000

Oh my goodness!!! I did not say that SVA had been investigated for fraud. The way I read his testimony is that was on behalf of proprietary schools in general. Here is an excerpt:

[Rhodes said federal higher education law can be changed without exposing students and taxpayers to the types of abuses uncovered during the 1980s that led to the adoption of tougher federal laws against fraud.

“There is a notion sometimes expressed that for-profit institutions are somehow less worthy of governmental support than public or not-for-profit institutions. This is a deeply ingrained prejudice, but one that I hope you would agree, upon reflection, is wrong,” Rhodes said. “As long as state approving agencies, accreditors and the Education Department use the tools already at hand, the public and students can be assured that they will be protected from those abuses that occurred well over a decade ago.” ]

This is a link to a press release from the committee:

http://edworkforce.house.gov/press/press109/first/03mar/antifraud030105.htm

While I have no way of knowing why SVA chooses to remain “for-profit”. Your speculation is no more than that. Yet you state it as if it were the truth, and you have misread and wrongly re-stated what I wrote.