In this NY Times article, Holly Petraeus, the head of servicemember affairs at the Consumer Financial Protection Bureau, explains how for-profit colleges prey on members of the military and their families. She begins the article this way:
Military personnel and their families are finding themselves under siege from for-profit colleges. A number of these schools focus on members of the armed forces with aggressive and often misleading marketing, and then provide little academic, administrative or counseling support once the students are enrolled.
Take a look at this Frontline piece on the same phenomenon.