For-Profit Colleges Have Made a COVID-Fuelled Comeback

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For-Profit Colleges Have Made a COVID-Fuelled Comeback
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Hundreds of thousands of Americans have made fateful commitments to for-profit colleges. Many will get what they’re after, but a large number of others face dashed hopes and crushing debt.

filed at the end of October, however, government lawyers said they would prefer to leave the repeal in place.

Why, then, was the Administration not seizing the opportunity to put the old rule back in place? In asubmitted along with the October brief, James Kvaal, the Under-Secretary of Education, bewilderingly explained that such an effort would cause “considerable disruption and diversion of resources from the Department’s priorities, which include restoring the student protections in this rule.”

This anecdotal evidence squares with a mass of statistical evidence. For-profit schools, while enrolling only about ten per cent of all college students, account for. That’s true mainly because they charge, on average, roughly four times more than community colleges in tuition and fees , and not, as industry leaders and lobbyists like to assert, because such schools serve an unusually needy segment of the population.

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