Any time you have a massive government subsidy to an industry, people will eventually line up to scam it. In this case, it's a shame because there are a lot of

Any time you have a massive government subsidy to an industry, people will eventually line up to scam it. In this case, it's a shame because there are a lot of innocent bystanders who get scammed. In addition to the taxpayer footing the bill by providing lower cost loans, people graduate the schools with worthless degrees. I am a big fan of charter schools, and in theory support for-profit colleges, but I wish I had more data points on where they succeed. Perhaps there will be a collegiate disruption similar to Khan Academy.