Attorneys general from more than a dozen states, including Massachusetts, are pushing Congress to restrict federal funding to for-profit colleges, which face growing complaints that they often leave students with piles of debt but not enough training to find high-paying jobs.
Specifically, the 14 attorneys generals urged congressional leaders in a letter last week to pass legislation that would bar institutions from using money from federal grants or student loans to market their programs and recruit students.
Comments
This is the Republican Partys model of private for profit education. They're batting 1000, wrong on everything.
The money spent on federal student loans and grants should instead be put towards making state universities and community colleges basically free for all residents.
In the old days we called them crooks!
I've worked for both profit and nonprofit schools. If you've ever sat in a finance meeting at Harvard and one at a for profit you would realize that if you were blindfolded you couldn't tell the difference. As a teacher at for profit we were active in retaining students. The Ivy League nonprofit? Not so much. So to paint for profits as evol money grabbers and nonprofit as angels is a mistake.