Key Congressman Begins Inquiry Into Executive Pay at For-Profit Colleges

The millions in salaries and bonuses going to executives at for-profit college companies came under scrutiny Monday as the ranking Democrat on a House of Representatives oversight committee issued a demand to the chief executives of 13 higher-education companies to provide documents on pay details so the committee can "investigate how the structure of your executive-compensation packages affects the performance of students educated with taxpayer funds." Key Congressman Begins Inquiry Into Executive Pay at For-Profit Colleges