New rules proposed to prevent colleges from exploiting veterans

Fox News:

For-profit schools would be required to meet new standards covering everything from drop-out rates to transparency, under a proposal by senators who claim the colleges are exploiting members of the U.S. military for their government education benefits....

The bill would require many schools to offer support services to military students, and require the federal government to provide those students one-on-one education counseling. It also would require schools to disclose graduation rates, loan default rates and other information to prospective students.