76 Percent of For-Profit College Students Attend Schools that are Wall Street Owned: Drive-by predatory colleges fueled by private and public debt
Business, EducationJan 17, 2012Did you now that 76 Percent of For-Profit College Students Attend Schools that are Wall Street Owned? Did you know that 86 Percent of Revenues Come from Federal Taxpayer Dollars? Did you know that For-Profit Colleges Spend the Majority of Revenues on Marketing and Profit while Few Services Are Provided Except Recruiters? And tuition is extremely high, leading some students to take more Loans. Did you know that borrowers at For-Profit Colleges Account for Almost Half of All Loan Defaults and those students at For-Profit Schools are Defaulting at Much Higher Rates than Other Sectors!!??
And what about Veterans? Did you know that one Third of ‘Webb’ Bill (Post-9/11 GI Bill) Funds went to For-Profit Schools in the First Year? Federal Taxpayers Spend More Than Twice as Much Per Veteran at