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Report: Veterans Wronged by Closing of For-Profits

When for-profit giants Corinthian Colleges and ITT Technical Institutes shuttered, thousands of veterans from the wars in Iraq and Afghanistan lost more than $1 billion in federal education funding that they can never get back. And as the men and women who have served in our military try to finish up their degree, they risk exhausting what’s left of those benefits before graduation, according to an investigation by the staff of Sen. Thomas R. Carper (D-Del.).

Carper and other members of Congress are urging their colleagues to provide the Veterans Affairs Department authority to restore GI Bill benefits for students who attend schools that permanently close. Despite bipartisan support for helping vulnerable veterans, legislation introduced in recent years has stalled.

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