For-Profit College Misconduct Complaints Under Investigation

Consumer complaints of alleged misrepresentation of financial aid and other misconduct has prompted an investigation of eight for-profit schools including University of Phoenix and Kaplan University by the Florida's attorney general's office.

It's the latest round of scrutiny for the for-profit education industry that has included a federal investigation and congressional report, and comes as the U.S. Department of Education is finalizing new rules on its federal student aid programs.