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Obama Admin proposal gets both sides
Posted: May 27, 2011
one liberal calls the policy "so wrong-headed it brings liberals and conservatives together" (lol, if that is not a sign of the times....though a sad one).
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10 percent of all college students that attend for profits account for - 50 percent of all student loan defaults
[ In Reply To ..]
They rely heavily on federal student loans but the default rate is twice as high as students who attend not-for-profits. For-profits are being investigated by the attoney generals in 10 different states under consumer protection laws for deceptive recruiting practices. They market high-risk loans to economically disadvantaged students. Tuitions average more than twice that of state colleges and five times higher than community colleges, yet they spend less than one-third of these monies on educating their students. Professors at these colleges say retention practices include falsification of attendance records and grades and a high tolerance of plagarism. Their graduation rates are abysmal, averaging 22 percent. Job placement records are also falsified and/or inflated.
The reform proposed in this plan is the fiscally responsible thing to do and it sounds to me like these students could use all the (consumer) protection they can get.
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THIS IS FROM A FRIEND AND I AGREE TOTALLY
The cabinet is full of white racist religious extremists. That's why they want to privatize education. Make America stupid. I'm a Hitler buff. Always hated the racist murderer. Read this + let me know if you see some parallels here 🤔
• Step one for Hitler was to discredit the media.
• Step two was to silence scientists and government employees.
• Hate crimes against minorities grew to the ...