28JULY2010
Enrollment at for-profit colleges and trade schools has tripled in the last decade to about 1.8 million, or nearly 10 percent of the nation’s higher education students. These schools, partly because they serve poorer students who need more support, receive almost a quarter of the federal aid. This year, federal financing for financial aid is expected to total $145 billion.
Some for-profits provide an important service for students who don’t qualify academically for traditional colleges. Too many have been cited for enrolling students who have no chance of graduating and tossing them out once that flow of aid is exhausted.
The Obama administration is right to ...
Editorial - Who Profits? Who Learns? - NYTimes.com
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