June 6th, 2012
Company that markets for-profit colleges to veterans is under fire
By Erica Perez
Attorneys general in 15 states are investigating QuinStreet, a Foster City-based Internet marketing company that connects its for-profit college clients with service members and veterans looking to spend their military education benefits.
In their inquiry, the investigators expressed concerns that QuinStreet’s marketing websites, such as http://www.GIBill.com and http://www.ArmyStudyGuide.com, mislead consumers into believing that the sites are affiliated with the government or that the for-profit colleges recommended by the sites are the only ones that accept subsidies such as the GI Bill or Tuition Assistance, which is for service members on active duty.
According to QuinStreet’s most recent quarterly report filed May 8, Kentucky Attorney General Jack Conway is leading the multi-state inquiry into the company, with attorneys general in Alabama, Arizona, Delaware, Florida, Idaho, Illinois, Iowa, Massachusetts, Minnesota, Nevada, North Carolina, Oregon, South Carolina and Tennessee joining the investigation.