Monday, October 6, 2014

Carey's Claims

Claims in the first half of the text(for-profits are the problem):

1. They lie about the amount of government money they are receiving.
            - Micheal CLifford contradicts this by saying that the college has any responsibility for how much students borrow or if they can pay it back.

2. They give people loans that they know they will default on.
            -They charge much more than non-profit public schools and will give a loan to almost anyone.

3. They target low income kids in order to get government money
            - For-profits educate 10% of the nation's college students but get 25% of the federal       aid(Statistics)

Claims in the second half of the text(publics are causing the problems):

1. Public  colleges don't have enough room
              -Community colleges are bankrupt and full so for-profits offer the classes that they don't.

2. Publics also lie about their education statistics.
            -Tom Harkin says that "we don't really know how many students graduate, get jobs, how they
               spend their federal dollar, and how many default over time" for public and non-profit   schools.

3. They aren't as convenient.
            - For-profits offer online and night classes for the many working people going back to school.



I would like to investigate further the way the government tries to regulate the for-profits and how they try and succeed or fail to get around it.

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