Michelle Rhee (Hyungwon Kang/Reuters)
For-profit colleges are major drivers of student loan debt, and in many cases are outright scams, aggressively and deceptively recruiting students who are likely to drop out after accumulating lots of debt, and who will face poor employment prospects even if they graduate. Continuing to siphon up so many student loan dollars requires political clout to ensure that the government doesn't regulate the for-profit college industry; that's why Rep.
New data on the explosion of student debt in recent years should guide efforts to overhaul the student loan system. The post Student Debt Nearly Tripled Over The Past Decade appeared first on ThinkProgress. Read Post
Michelle Rhee (Hyungwon Kang/Reuters) If there's a dollar to be made by taking a public service provided by the government, privatizing it and inserting an unnecessary middleman to suck up profits at taxpayer expense, there will alw... Read Post