4 ms·
I would like to see these graphs next to graphs of for-profit university attendance. Looking at wikipedia, for-profit grew rapidly until enrollment started drop
by solidasparagus 7y ago
I would like to see these graphs next to graphs of for-profit university attendance. Looking at wikipedia, for-profit grew rapidly until enrollment started dropping around 2009.
For-profit schools are "13 percent of the nation's college enrollment, but account for about 47 percent of the defaults on loans. About 96 percent of students at for-profit schools take out loans, compared with about 13 percent at community colleges and 48 percent at four-year public universities."- 2012 report [1]
[1] https://www.nytimes.com/2012/07/30/education/harkin-report-condemns-for-profit-colleges.html?pagewanted=all&_r=0 https://www.nytimes.com/2012/07/30/education/harkin-report-c...
- tracker1 7y agoI've also heard that the pricing of for-profit schools is to maximize backed loans out before a student drops out (since most drop around the end of their second year). I know a lot of people who couldn't get funding for their final year of study.