These institutes charge excessively high fees for poor education....and funnel that money into more marketing, lobbying, or investor pockets. These institutes

These institutes charge excessively high fees for poor education....and funnel that money into more marketing, lobbying, or investor pockets. These institutes typically recruit anyone eligible for a government student loan and lobby hard for the ability to recieve them. When the student fails (common), the school keeps the loan and the student owes the feds. If he graduates, the school still wins becuase they spead very little on education unlike a traditional non-profit. Its a textbook definition of a con game.