Three
Sources:
Brian Darling, “For-Profit Education Under Assault”
For-profit
education is under assault from elitists who hate the idea of free
market educational institutions. It is also under attack
from bureaucrats at the U.S. Department of Education who are trying to
make it hard for students to arm themselves with the education needed to find a
job. Elitism is alive and well at the Department of Education.
Michael Seiden, “For-Profit Colleges Deserve Some Respect”
Enrollment in for-profit colleges, while still a relatively
small share of the higher-education market, has grown more than tenfold over
the past decade. For-profit education companies are now in high demand among
venture capitalists and investment bankers, and the industry is one of the rare
ones that is faring well in this economy. But while some for-profit education
institutions have achieved a certain level of credibility within academe, many
education traditionalists still view them with disdain.
Matt Conway-New York Times
These for-profits rely almost exclusively on federal student loans and
cost significantly more than public institutions. Many are owned by hedge funds
or are publicly traded. Not all for-profit schools are bad, but too many abuse
the public trust by showing greater interest in profiting from student loan
money than educating students.
Claims:
1)
The sector isn’t all that bad they are the parts that drive
technological and organizational innovation.
2)
There are
various problems in the sector and nobody is willing to stop it.
They
kind of rebut Carey’s claim about for profit colleges.
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