Mineral Wells Index, Mineral Wells, TX

Community News Network

November 21, 2012

For-profits losing to better-rated state schools charging less

(Continued)

That approach sparked abuses, according to a July report by the Senate Committee on Health, Education, Labor and Pensions, led by Tom Harkin, D-Iow. The committee examined 30 education companies over two years.

The companies, which received $32 billion in federal financial aid in 2009-2010, are a poor investment of taxpayer money because they spend more on marketing than instruction, cost more than comparable programs elsewhere, have high drop-out rates and account for almost half of all student-loan defaults, even though they enroll only one in 10 students.

The report found "overwhelming documentation of exorbitant tuition, aggressive student recruiting and abysmal student outcomes," Harkin said. For-profit colleges disputed many of the findings and said their students struggle because they tend to be working adults from lower-income families.

Now, as fewer students sign up at for-profit schools, many low-income and minority students may skip college altogether, undercutting a societal goal of "open access" to higher education, said Steve Gunderson, president of the Washington- based Association of Private Sector Colleges and Universities, which represents for-profit colleges.

Both Apollo and Kaplan have instituted programs that let students try out courses before committing, to weed out those who won't complete them. At the University of Phoenix, about 20 percent choose not to attend after its free three-week orientation workshop, Apollo's Brenner said.

The company also introduced a financial-planning program this month to let students know how much they will pay monthly on their student loans after they graduate.

As students become more price-sensitive in a weak economy, "the competition has accelerated in higher education in a way that's very healthy for students," Brenner said.

Text Only
Community News Network
Featured Ads
Mineral Wells Index


Click on a photo to visit our SmugMug page

Front page
Weather Underground Radar
Twitter Updates
Follow us on twitter
AP Video
Raw: Israel Bombs Multiple Targets in Gaza Veteran Creates Job During High Unemployment Raw: Cargo Craft Undocks From Space Station Widow: Jury Sent Big Tobacco a $23B Message New Orleans Plans to Recycle Cigarette Butts UN Security Council Calls for MH 17 Crash Probe Obama Bestows Medal of Honor on NH Veteran Texas Sending National Guard Troops to Border Hopkins to Pay $190M After Pelvic Exams Taped Foxx Cites Washington 'Circus Mirror' NASA Ceremony Honors Moon Walker Neil Armstrong Obama Voices Concern About Casualties in Mideast Diplomacy Intensifies Amid Mounting Gaza Toll AP Exclusive: American Beaten in Israel Speaks Obama Protects Gay, Transgender Workers Raw: Gaza Rescuers Search Rubble for Survivors Raw: International Team Inspects MH17 Bodies Raw: 25 Family Members Killed in Gaza Airstrike US Teen Beaten in Mideast Talks About Ordeal 'Weird Al' Is Wowed by Album's Success
Must Read
Seasonal Content
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Stocks
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide