Despite scandal, for-profit education offers valuable model
Last week's revelations about the high prices, uneven performance and shady marketing practices of for-profit universities have now cast a dark cloud over what had been the fastest-growing segment of higher education.
Giant companies that pay big bonuses and use high-pressure sales tactics to foist overpriced services on unsophisticated consumers who take on more debt than they can handle -- tell me if this doesn't sound like the educational equivalent of the subprime mortgage scandal.
I have two reasons to care about this. The first is that
I have two reasons to care about this. The first is that