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Pretty much everyone who should be going to college is going to college. The market is saturated. The for profit colleges are targeting people, largely, who sh
by yequalsx 16y ago
Pretty much everyone who should be going to college is going to college. The market is saturated. The for profit colleges are targeting people, largely, who shouldn't be going to college. They use misleading statistics to dupe unsuspecting people. People who think the college has their interests at heart. This goes on in the non-profit college sector but is much more pernicious and rampant in the for profit sector. Default rates for student loans in the for profit sector are higher than for the non-profits.
Non-profit, mostly, have standards for admission. The for-profits don't. They just want people to spend money. Faculty at for profit colleges get fired if their standards are too high. The for profit system is all about getting students in and making sure they never fail a course. Keep them paying. For profit motive in education as it currently exists is a disaster.