A Cautionary Tale on Career Schools
Career Education Corp will not be helping California's unemployment numbers next year. This week California Watch reported that Career Education Corp will be closing more than a quarter of its 95 campuses and eliminating 900 jobs in its network of schools dedicated to providing career instruction for students across the country. They will be closing six schools in California alone and another seventeen in other states where their enrollment is declining. It is instructional to look at what is happening at these for-profit schools as it is a cautionary tale for career education and education in general.
A major push in education now is to privatize it. Let the free market compete to improve education. I am a proponent of the free market. In the end it does produce the higher quality product than the government produced product which has no market forces imposed on it. But the free market is primarily focused on making a profit and there are only so many levers a company can pull to make that happen: lower costs of production,
A major push in education now is to privatize it. Let the free market compete to improve education. I am a proponent of the free market. In the end it does produce the higher quality product than the government produced product which has no market forces imposed on it. But the free market is primarily focused on making a profit and there are only so many levers a company can pull to make that happen: lower costs of production,