| Congress needs to rein in for-profit colleges that leave students with crushing debt.The for-profit system, which enrolls only about 12 percent of all students in higher education, absorbs about a quarter of the federal government's $155 billion student aid budget. These schools, some of which get as much as 90 percent of their money from federal student aid, earn a profit partly by charging higher tuition than public colleges and by driving their students into debt. Among bachelor's degree recipients, for example, nearly a quarter of 2008 graduates from for-profit colleges owed $40,000 or more, compared with just 6 percent of graduates from public colleges.
It is astonishing for me when U know that NYC is unable to offer enough Pre-K classes. The brain's neural pathways that underlie learning are formed in the youngest years, but we fund college profiteers and saddle kids with debt. |
Read the rest of the story HERE:
At www.nytimes.com
At www.nytimes.com
