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Download full textLynch, Mamie; Engle, Jennifer; Cruz, Jose L. – Education Trust, 2010
As with the collapse of the subprime lending industry, the showdown between for-profit colleges and the government shows how the aspirations of the underserved, when combined with lax regulation, make the rich, richer and the poor, poorer. For-profit colleges provide high-cost degree programs that have little chance of leading to high-paying…
Descriptors: Proprietary Schools, Educational Finance, Student Educational Objectives, Access to Education
