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What took so long? No seriously. With all the articles we read about predatory practices, and various TV segments, what takes so long for things to fall into p
by projectramo 10y ago
What took so long?
No seriously. With all the articles we read about predatory practices, and various TV segments, what takes so long for things to fall into place?
I wonder if there is a good way to distribute information about school quality. And that applies to not-for-profit schools as well.
Collect metrics, make sure you give them to the purchaser at decision time. Akin to labels on food. If the for-profit or non-profit has great placement and great training, good for them.
- esaym 10y agoHard to regulate what everyone wants I suppose. There are many schools like this around me and I know more people that went to these schools, both young and old, than I do people that went to an actual college. And yea, most of them are still out of work...but for what ever reason they don't seem to mind.
- buckbova 10y agoTook a long time to take action against corrinthian colleges. 2007: http://usatoday30.usatoday.com/news/education/2007-10-18-colleges-raid_N.htm http://usatoday30.usatoday.com/news/education/2007-10-18-col... 2008: http://www.ocregister.com/articles/graduates-193364-job-students.html http://www.ocregister.com/articles/graduates-193364-job-stud... This year: http://college.usatoday.com/2016/03/25/former-corinthian-colleges-to-pay-over-1b-for-defrauding-students/ http://college.usatoday.com/2016/03/25/former-corinthian-col... Unfortunately the damage done by these institutions is so great that it's ruined the credibility of getting many degrees or specialized training and all while saddling students with lifetime debt to the detriment of the national debt. People really need to go to jail for this fraud. In some places I'm sure they are dragged out into the street and shot. I'm not advocating that . . . maybe one in the leg.
- dragonwriter 10y ago> What took so long? The Education Department action actually is a late part of the process, and a result of the accreditation problems the school is having, which result from the financial problems they are having, which are in part due to the SEC (2015) and CFPB (2014) lawsuits they are dealing with over different kinds of fraud related to student loans, which were the earlier parts of the government action against ITT. And this article isn't even about the first step in the Department of Education action, but an escalation of that action.