Editorial: Time to clean up the for-profit college hustle
Too many for-profit colleges bury students in debt in exchange for worthless degrees. These operations use hard-sell tactics to ensnare a steady flow of new students whom they convince to take out government-backed loans. They charge tuition that far exceeds the value of the education they provide. Students default on the loans in droves, leaving taxpayers on the hook. Not every for-profit ...
by The Editorial Board, Chicago Tribune
Dec 28, 2021
3 minutes
Too many for-profit colleges bury students in debt in exchange for worthless degrees.
These operations use hard-sell tactics to ensnare a steady flow of new students whom they convince to take out government-backed loans. They charge tuition that far exceeds the value of the education they provide. Students default on the loans in droves, leaving taxpayers on the hook.
Not every for-profit institution is bad, but the sector has a terrible track record stretching
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