Posted on 06/24/2010 2:43:21 PM PDT by Nachum
Democratic senators sharply questioned Thursday whether for-profit colleges reaping huge amounts of federal aid dollars are delivering on promises to students and taxpayers.
The fast-growing for-profit college industry has faced increased scrutiny in recent months and is fighting greater government regulation, which it says will cut off access to education at the worst possible time.
The first in a series of congressional hearings on for-profit colleges raised more questions than it provided answers about possible steps Congress or the Education Department might take.
(Excerpt) Read more at breitbart.com ...
I guess Barry wants to take these colleges over now?
The perverted Congress needs close scrutinizing and the criminals marched out of the rat nest in chains!
Agreed.
Obama wants to control every aspect of education.
Reform, don'cha know. ttached to the "Health" "reform" bill. And Congress doesn't even realize YET what they've done.
And control follows funding as night follows day.
Welcome to the Soviet States of America.
If they are taking federally backed student loans that the borrower cannot discharge under bankruptcy then there needs to be a second look. Businesses discharge debt all the time but student loan borrowers cannot.
It seems to me that the default rate should be used for consideration on allowing student loans going forward (assuming you have student loans which I don’t agree with anyway). That would make the institutions honest. Many of these are fly by night operations who peddle useless degrees and/or are diploma mills.
Actually student loan debt can be worked out in different ways (especially because of Obama’s new Health Care Law).
It seems to me that the default rate should be used for consideration on allowing student loans going forward (assuming you have student loans which I don’t agree with anyway). That would make the institutions honest. Many of these are fly by night operations who peddle useless degrees and/or are diploma mills.
Actually student loan debt can be worked out in different ways (especially because of Obama’s new Health Care Law).
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