For-Profit Colleges Face Test From State, Federal Officials:Some Programs Lack Proper Accreditation - ALAN ZIBEL, Wall Street Journal

Federal and state officials are conducting probes into for-profit colleges over concerns that schools are marketing career-training programs that lack proper accreditation for students in certain fields, according to government agencies and regulatory filings. The investigations, being conducted by the Federal Trade Commission and some state attorneys general, focus on whether students are being deceived by for-profit colleges offering programs in career paths such as nursing, education, psychology and law enforcement. States are forcing for-profit colleges to refund money to students who say they were misled. Representatives of for-profit colleges defend their track records in training students and say they disclose that there are no guarantees that students will be able to find jobs in their chosen fields. http://online.wsj.com/news/articles/SB10001424052702303403604579586292493304298