College admissions scandal casts a spotlight on the college consultant industry

8:55 AM ET Fri, 15 March 2019

The college cheating scandal has cast a spotlight on one of the fastest growing industries in education: college consultants. There are now about 8,000 private educational consultants in the U.S. which is quadruple the number five years ago. CNBC's Robert Frank reports. Former Majority Leader Eric Cantor weighs in.