In a recent report, Subprime Opportunity: The Unfulfilled Promise of For-Profit Colleges and Universities the University of Phoenix didn’t fare too well when it came to graduating students. According to the report, only 9% of student enrolled actually graduated within six years. University of Phoenix, DeVry University, The Art institute, Berkeley College, Sullivan University, Westwood …
In one of Steve Rhode’s latest articles he reveals the recent report from the United States Government Accountability Office’s (GOA), “Undercover Testing Finds Colleges Encouraged Fraud and Engaged in Deceptive and Questionable Marketing Practices”. Because of the billions of dollars in federal grants and loans utilized by students attending for-profit colleges, you asked us to …
I just finished watching the Frontline PBS show College, Inc. about for-profit education and the resulting student loan debt. It was estimated that students in for-profit colleges will graduate with double the amount of student loan debt as compared to a traditional university. The default rate was alarming as well. For-profit colleges account for 10% …