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For-Profit Colleges

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What The University Of Phoenix's Cuts Say About The State Of For-Profit Colleges

It’s “another clear signal that there is a serious problem building in the education industry,” writes Wall Street Cheat Sheet: Multiple news outlets are reporting the company behind the University of Phoenix, a for-profit university with more than 328,000 students nationwide, is shuttering 115 brick-and-mortar locations in an effort to save more than $300 million as […]

Mailbag: 'Are All Colleges For-Profit On Some Level?'

After entering the crosshairs of Congress last month, for-profit colleges entered many of our commenters’ crosshairs last week. Reacting to our post about a GAO report that targeted for-profit higher education institutions, commenter “Alex” framed the debate this way: This is really about a “sub-prime college degree”. It is the same business model sub-prime mortgage […]

Ask The Ed Reporters: Why Do Students Finish Degrees At For-Profit Colleges Faster?

On our post about for-profit colleges, commenter Slowlightening asks: Students can finish degrees faster at for-profit institutes [than at community colleges, as The Atlantic writes]. Why doesn’t the article ask why that is? Is it because classes are held at better hours? Or is it because classes require significantly less work? Why doesn’t the article talk […]

For-Profit Colleges: Game-Changers Or 'Diploma Mills'?

For-profit colleges have a lot of accusatory fingers pointing in their direction, mostly from politicians and commentators looking for someone to blame for soaring levels of student debt. But are for-profits indeed fatally flawed ‘diploma mills’? Or convenient scapegoats? In Indiana, this debate has special significance. The state’s student default rate is one of the nation’s highest — and Congress […]

Indiana Student Loan Default Rate Tops All But Two Other States

It’s no secret: College is expensive. Indiana students take on a lot of debt to pay for it. As it turns out, though, it may be more debt than they can handle. Indiana’s 11.61 percent default rate on federal student loans is higher than the rates in all but two states — Arizona and Arkansas. That […]

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