Obama’s War on For-Profit Schools Wrought With Shady Dealings

big government ^ | 1/14/11 | Capitol Confidential

[Nachum]

Over the last several months, as attention has been focused elsewhere, the Obama Administration and Education Secretary Arne Duncan have been waging a quiet war against for-profit schools and universities – educational institutions that offer job training and degrees in in-demand fields to students looking for an alternative to four-year non-profit schools, or a more accessible price tag.

The Administration has fired a number of rounds at the industry, but recently unveiled it’s secret weapon: a “gainful employment” restriction on federal loan money available to students at for-profit schools. While for-profit schools have had their difficulties, their deficiencies aren’t that dissimilar to those of their not-for-profit counterparts, but this weapon could kill off for-profits as a viable option to not-for-profit education. Essentially, students at for-profit schools that have either a low graduation rate or an unacceptably high number of unemployed, graduated students would be denied federal student loan and grants. As Forbes points out, these schools serve primarily lower-income and minority communities who depend so heavily on student loans, such a restriction could put the whole industry in jeopardy.

[Nachum]

The most ethical administraton since Al Capone

[Nachum]

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[SandRat]

Of course, ... all schools must be State Run.

[parisa]

Oh yes let’s be civil and brotherly love as an abomination is stealing our future right in front of our eyes!