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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