You can now read 10 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe


martha coakley

Familiar warning signs in for-profit schools

I took office in 2007, just as the real estate boom was turning into the subprime meltdown. In the last six years, we’ve learned a lot about the root causes of that financial collapse — from unscrupulous salespeople to Wall Street’s investment in risky loans to ineffective regulations and regulators.

Unfortunately, we have already begun to see this similar behavior in another growing industry — for-profit colleges and trade schools. And since the vast majority of funds used to pay tuition comes from federal taxpayers, we all have a stake in fixing it before it is too late.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week