According to the report, U.S. Senator Elizabeth Warren (D-Mass.) has introduced a "bill she said will protect student borrowers by requiring colleges to assume some of the risk of student loan default."
Meanwhile, the state's attorney general, Martha Coakley, " is proposing new state regulations prohibiting for-profit and occupational schools from using misleading advertising and unfair lending practices."
If you have a concern about another for-profit school, contact the attorneys who operate this College Watchdogs website at 1-877-540-8333.