Federal Agency Asks Career Education Corp. About Its Business Practices

By Charles Huckabee. The Career Education Corporation, which operates a number of career-oriented schools and colleges, disclosed on Monday that it has received a request for information from the Federal Trade Commission as part of that agency’s broad investigation into potentially unfair advertising, marketing, and other business practices by for-profit colleges. In a corporate filing with the U.S. Securities and Exchange Commission, the company said it intended to cooperate with the FTC. More...