Sunday, August 25, 2013

Well, yeah

Obama Singles Out For-Profit Colleges and Law Schools for Criticism (Chronicle of Higher Education)
Excerpt:
     At some for-profit colleges, students are "loaded down with enormous debt," said Mr. Obama, speaking at a Binghamton University town-hall event. "They can't find a job. They default. The taxpayer ends up holding the bag. Their credit is ruined, and the for-profit institution is making out like a bandit. That's a problem."
     Mr. Obama, who has tended to leave direct public criticism of for-profit-college abuses to others in his administration, also cited his concern over the treatment of military veterans and service members. "They've been preyed upon very badly by some of these for-profit institutions," he said, adding that a special task force now exists "to look out for members of the armed forces who were being manipulated."

2 comments:

Anonymous said...

Please read this critical response to Obama's plan by Rudy Fichtenbaum, the president of the AAUP:

http://www.aaup.org/news/statement-president%E2%80%99s-proposal-performance-based-funding

Roy Bauer said...

Whatever the merits of Obama's "plan" for colleges, his remarks about the for-profits are importantly correct.

Roy's obituary in LA Times and Register: "we were lucky to have you while we did"

  This ran in the Sunday December 24, 2023 edition of the Los Angeles Times and the Orange County Register : July 14, 1955 - November 20, 2...