The Newark Star Ledger reports on a new study by the non-profit Education Trust revealing serious problems in for-profit education. According to the study, "Only one in five students who enrolls in a for-profit college graduates within six years, and they’re likely to rack up far more debt than students at private and public colleges, according to a recent study." The study also details how for-profit colleges have grown 10 times faster than traditional colleges in the last decade.
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This columnist, reviewing the same study, aptly opines, "Reserve space in the annals of marketplace greed on behalf of for-profit colleges managing to rake in record profits while turning out unsuccessful students burdened by heavy debt."
ReplyDeleteRead more: http://www.bellinghamherald.com/2010/12/03/1753337/for-profit-colleges-do-not-make.html#ixzz17AruGfSU