Friday, October 10, 2014

For-Profit Colleges.

  "If you hope for a more equitable society, one with broader opportunities, then there's hardly a more important topic than job training.  So it's especially distressing that so many disadvantaged young people--people who believe they're doing the smart thing by enrolling in for-profit colleges to train for careers in medical technology, criminal justice and other fields--are ending up disillusioned, in debt and without the careers they'd counted on.
   "Evidence increasingly suggest that some segments of the for-profit college industry are taking students--and taxpayers--for a ride.  Drawing up to 90 per cent of their revenue from various government programs intended to help low-income students pay tuition. some of these schools deliver questionable degrees suffer extraordinarily high dropout rates and loan-default rates and charge tuitions that are far higher than those at public community colleges."  quoted from an editorial in the October 9, 21014, STAR TRIBUNE.
   If you haven't read it go online and look it up.  The editors argue for accountability and comparability with other institutions.  They point out that the average annual tuition at a for-profit is $15,130. while a public four college it is $8,893.  They also point out that accessing higher education is difficult for many and for-profits can provide access.

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