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Why can't there be such thing as a good for-profit school? We buy the highest quality smartphones from Apple and Samsung after all - I don't see a lot of non-pr
by nsxwolf 10y ago
Why can't there be such thing as a good for-profit school? We buy the highest quality smartphones from Apple and Samsung after all - I don't see a lot of non-profit phones or government phones.
- dragonwriter 10y agoPhones tend to be a repeated purchase that people are quickly able to assess costs and benefits of and optimize. It thus more closely approximates the rational choice model under which free markets are efficient.
- oldmanjay 10y agoI think the main trouble is that the target market is largely young, uneducated, hopeful, and flush with guaranteed loans. Basically, a scammer's dream come true.
- ryuker16 10y agoTypically the get bought out by shady operators and converted to the same con game...extra bonus if they acquire some accreditation. Now that bootcamps have proven successful, many of these companies have bought them out too!