Rather than letting for-profit and nonprofit colleges alike vacuum up federal dollars while providing little in return, the administration and Congress should hold all colleges accountable.
In order to hold for-profit colleges more accountable to their students, the Obama administration devised the "Gainful employment" rule, which was finalized in 2014.
As the vast majority of revenue at for-profit colleges comes from federal programs, losing access to these funds would mean instantaneous collapse for the offending colleges.
While critics often assert that for-profit colleges target and prey on low-income, veteran, and first-generation students, it is quite possible that this analysis is inverted: For-profit colleges fill a gap in the education sector, servicing nontraditional, low-income, veteran, and first-generation students when other institutions will not.
Most critics argue that for-profit colleges should be annihilated in favor of community colleges, because community colleges offer a better overall value.
While some community colleges do offer training in concrete, career-oriented skills, only 12 percent of students enrolled in certificate programs at for-profit colleges would have had access to a similar program at a community college where they lived.
I do not want the federal government acting as a sort of national school board for colleges - telling states and accreditors and boards of directors at institutions how to manage the 6,000 colleges and universities.... Instead, Congress should create a new measure of accountability that looks at whether students are actually repaying their loans.
https://www.nationalreview.com/2019/08/hold-all-colleges-accountable-transparency-key/
In order to hold for-profit colleges more accountable to their students, the Obama administration devised the "Gainful employment" rule, which was finalized in 2014.
As the vast majority of revenue at for-profit colleges comes from federal programs, losing access to these funds would mean instantaneous collapse for the offending colleges.
While critics often assert that for-profit colleges target and prey on low-income, veteran, and first-generation students, it is quite possible that this analysis is inverted: For-profit colleges fill a gap in the education sector, servicing nontraditional, low-income, veteran, and first-generation students when other institutions will not.
Most critics argue that for-profit colleges should be annihilated in favor of community colleges, because community colleges offer a better overall value.
While some community colleges do offer training in concrete, career-oriented skills, only 12 percent of students enrolled in certificate programs at for-profit colleges would have had access to a similar program at a community college where they lived.
I do not want the federal government acting as a sort of national school board for colleges - telling states and accreditors and boards of directors at institutions how to manage the 6,000 colleges and universities.... Instead, Congress should create a new measure of accountability that looks at whether students are actually repaying their loans.
https://www.nationalreview.com/2019/08/hold-all-colleges-accountable-transparency-key/
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