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Michelle Rhee and George W. Bush are featured speakers at for-profit college industry gathering

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.
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Connecticut and Alabama deal blows to Michelle Rhee-style corporate education reform

US Politics / Liberal : Daily Kos (3 years ago)

Michelle Rhee (Hyungwon Kang/Reuters) There's good news for public education in Alabama and Connecticut, as the Michelle Rhee breed of privatizers and corporate reformers were thwarted in both states, at least partially and at least... Read Post

Michelle Rhee and George W. Bush Speaking at Posh For-Profit Education Conference

US Politics / Liberal : Crooks and Liars (3 years ago)

Remember when I wrote about for-profit colleges, student loans, and how they're sucking the life out of the federal student loan program and how the graduation rate is abysmal despite the fact that they cost nearly five times what p... Read Post

Student Debt By Major: What Not To Study To Avoid A Lifetime Of Debt Slavery

Business & Finance : Zero Hedge (2 hours ago)

As recently reported by the Project On Student Debt, 7 in 10 seniors who graduated from public and nonprofit colleges in 2013 had student loans, with an average debt load of $28,400 per borrower. This represents a two percent increa... Read Post

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