David Halperin, Stealing America’s Future, joins Thom Hartmann to discuss what’s happening with for-profit colleges. As the cost of a higher education goes up – more and more Americans are turning to for-profit colleges to get what they think is more bang for their buck. 18 more words
Tags » For Profit Colleges
The Department of Education is making a second attempt to rein in those for-profit colleges that benefit from financial aid to students without providing them the education needed to find gainful employment after graduation. 841 more words
Here’s a little-known fact about me: I used to be a Walmart blogger. That blog is still updated occasionally by my friend Jeff in Cleveland, but a few years back I came to the decision that I could do more to help my own profession through blogging than I could the Walmart workers of the world (although they all still have my general support). 1,117 more words
Government Investigations and Suits Against For-Profit Colleges: the Grid – Bottom Line - Blogs - The Chronicle of Higher Education
Illustrating why the profit motive and education do not go hand in hand… read this one against the infographic I posted earlier.
You are a for-profit publicly-traded college. You charge high tuition fees (as much as $44,000 for a 2-year associate degree program). You attract mostly low-income students (your average student earns $18,000 per year and has a credit score under 600 at the time of enrolment). 425 more words
The Consumer Financial Protection Bureau filed a federal lawsuit against a well-known for-profit college chain, alleging the company exploited its students and pushed them into high-cost private student loans that were likely to end in default.
We’ve heard horror stories about some for-profit colleges from students: the false promise of gainful employment after completing a short program at the cost of thousands of dollars. 780 more words