jsupop33
Loyalty & Respect
http://harkin.senate.gov/help/forprofitcolleges.cfm
As a result of rapid increases in the amount of federal financial aid and other federal student assistance programs flowing to for-profit schools, Senator Tom Harkin has launched a broad-based oversight effort to better understand how well for-profit schools, many of which are highly profitable publicly traded corporations, are serving students and taxpayers. As part of this effort, Senator Harkin has led five hearings and collected internal document from 30 for-profit schools.
Senator Harkin's investigation has found:
Enrollment at for-profit schools has grown dramatically over the past decade. Between 1998 and 2008, the number of students attending for-profit schools has grown from 553,000 to 1.8 million, an increase of more than 225 percent.
In order to drive enrollment growth, for-profit schools spend heavily on television advertisements, billboards, phone solicitation, and web marketing. The pressure on recruiters to enroll as many potential students as possible can give rise to recruiting practices that are overzealous or misleading.
For-profit schools are far more expensive than comparable programs at community colleges or public universities. The average tuition for a for-profit school is about six times higher than a community college and twice as high as a 4-year public school.
As a result of rapid increases in the amount of federal financial aid and other federal student assistance programs flowing to for-profit schools, Senator Tom Harkin has launched a broad-based oversight effort to better understand how well for-profit schools, many of which are highly profitable publicly traded corporations, are serving students and taxpayers. As part of this effort, Senator Harkin has led five hearings and collected internal document from 30 for-profit schools.
Senator Harkin's investigation has found:
Enrollment at for-profit schools has grown dramatically over the past decade. Between 1998 and 2008, the number of students attending for-profit schools has grown from 553,000 to 1.8 million, an increase of more than 225 percent.
In order to drive enrollment growth, for-profit schools spend heavily on television advertisements, billboards, phone solicitation, and web marketing. The pressure on recruiters to enroll as many potential students as possible can give rise to recruiting practices that are overzealous or misleading.
For-profit schools are far more expensive than comparable programs at community colleges or public universities. The average tuition for a for-profit school is about six times higher than a community college and twice as high as a 4-year public school.