Reining in For-Profit Higher Education

Business is booming at the country's for-profit schools. But evidence is mounting that many of these schools leave students loaded down with unmanageable debt and insufficient training to make them competitive in the job market. On July 23, the Obama Administration proposed tough new regulations that would cut off federal financial aid to for-profit school programs whose students take on the highest amounts of debt and have the worst record of repayment, and restrict enrollment at hundreds of others.

This Friday, the New America Foundation's public policy blog Higher Ed Watch will bring together key Obama Administration official James Kvaal and two outside policy experts to take a closer look at the controversial "Gainful Employment" proposal and its implications for for-profit schools and the nearly two million students they serve.

http://www.newamerica.net/events/2010/for_profit_higher_education

Category:

News & Politics

Tags:

• Higher
• Education
• For
• Profit
• Private
• College
• Techical
• School
• Domestic
• Policy
• Fraud
• Gainful
• Employment
• Student
• Loan
• Default
• Repayment

[Fray2221]

@ATG0009 THE GOVERNMENT IS USING LOWER CASE LETTERS TO KEEP US ENSLAVED11111

[190819862011]

The amount of loans should be determined based on the student's academic performance. These for profit schools do not have high standards when it comes to academic eligibility or even performance; therefore, students who are graduating in the lower percentile aren't competitive in the market. After 1st year, if a student isn't doing well, he or she should NOT be able to take out loans. That would be a restriction worth having....

[gsvkck]

@halflinks It seems republicans hate democrats so much they would rather be ripped off than to allow democrats to pass good policies to protect them.

[slapcompany]

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[Justasimpleservant74]

@ATG0009 ARE YOU SERIOUS?!

[ATG0009]

EDUCATION WAS AND STILL IS THE TOOL OF ENSLAVEMENT FOR THE MASSES!

[zjones1222]

@tullymox You need to rethink your means of understanding that a great number of students have received employment and some of the Universities in question have been around much longer than a minute. Infact, a substanial number of these schools including the University of Phoenix have ground locations providing class room atmospheres with text books which students must meet required metrics. It's a far cry from a diploma mill when some of these Universities have been around since the 1970's.

[tullymox]

Do your own test to see how respected degrees from For-Profits are. Apply for jobs and put "University of Phoenix" or "Heald College" on your resume instead of a non-profit and see how many offers you receive. All you need to know about what these schools are about is to see what the industry was like prior to the early 90s, when the first decent regulations went into effect. For-profits were more diploma mills more often than not.

[sandbar3000]

@MrPolysyllabic, When I went to University of Redlands - I went since I wasn't treated as a number. (UofR is non-profit). I went to Argosy in '09 since my friend goes there and HE got me interesed in the school. Argosy never came to me personally, I went to them first. The big question is, who went to my friend back in 2003? He started as an undergrad in '03 - and is now finishing up in masters in psychology. A big time recuriter could have called him! My friend likes Argosy, I do not.

[KrisinIndy]

@stevenchaisson Because no one is calling you at your house from 8am to 9pm marketing "education" to you from a public institution...nor is one person at those schools responsible for all facets of your admissions/financial aid/enrollment process.