For-profit colleges are a rip off

I thought I had seen the last of for-profit colleges after the media revealed a series of scandals.  But Education Secretary Betsy DeVos restored federal recognition to the body overseeing them (“For-profit college accrediting group is revived,” Los Angeles Times, Nov. 23).

Too many students enrolled in for-profit colleges wind up with overwhelming debt, non-transferable credits, and no degree.  Those who graduate receive a degree that isn’t worth the paper it is printed on.  But because the degree comes from a “college,” the unsophisticated continue to apply. The Accrediting Council for Independent Colleges and Schools is no assurance of positive change.

I don’t believe that profit has a place in education.  That’s particularly the case in higher education, where debt is non-dischargeable.  As a result, students get hammered twice: a worthless degree and crippling debt that haunts them for decades.  They would be far better served by going to accredited community colleges, which are quite affordable.

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