Caveat Emptor Study

Decent Essays
Caveat Emptor: Buyer Beware
In 2009, the Senate Committee of Health, Labor, and Pensions did a study on for- profit colleges like Kaplan, ITT Tech, and DeVry University. Thousands of documents illustrated the questionable practices for-profits were doing. One document was written by an ex-Kaplan student to Senator Harkin of Iowa. The student’s name is Eric Schmitt. He is a 27-year-old, father of two, and is writing this letter because the school’s negative impact on his life. In 2002, Eric enrolled at Kaplan with the intentions of graduating as a Paralegal Accountant. During orientation, he “was promised by the admissions representative that [the] program had 100 percent placement” (Schmitt). As he progressed though the classes, he had to petition

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