OBAMA To Reign-In Massive For-Profit College SCAMS! Republicans Are PISSED!
Contorted&Aborted
promised training and job-placement interviews.
Of course, their stocks and dividends represent cash-cows for numerous
conservative congressional members.
"For students enrolling in for-profit schools, graduation with a
degree is a possibility, but debt without a diploma is a probability."
----------------------
"Sen. Tom Harkin (D-Iowa): For-profit colleges' dropout rates tops
50%"
By Nick Anderson
Thursday, September 30, 2010; 8:14 PM
A leading Senate Democrat said Thursday that data obtained from a
sampling of for-profit colleges show that more than half of their
students drop out without earning a degree or certificate.
Industry officials immediately disputed the analysis, which Sen. Tom
Harkin (D-Iowa) released during a hearing on for-profit colleges that
Republicans called unfair and one-sided. The Obama administration is
attempting to tighten regulation of the industry, which relies on
federal student aid for much of its revenue.
"The bottom line is this: For students enrolling in for-profit
schools, graduation with a degree is a possibility, but debt without a
diploma is a probability," said Harkin, chairman of the Committee on
Health, Education, Labor and Pensions.
Of about 960,000 students who enrolled from July 2008 through June
2009 in schools run by 16 for-profit companies, data show that 57
percent had withdrawn from school as of August 2010, according to
Harkin.
Sen. Mike Enzi (Wyo.), the committee's ranking Republican, said Harkin
should turn his scrutiny to public and nonprofit schools as well.
"It's naive to think the problems are limited to just the for-profit
sector," Enzi said before he walked out in protest.
Harris Miller, president of the Association of Private Sector Colleges
and Universities, said Harkin's analysis should receive an independent
review. He said the industry is meeting the needs of the vast majority
of its students, many of them low-income adults who are seeking to get
ahead in life.
Last week, the Obama administration postponed final action on proposed
regulations but warned that it would move forward in early 2011 with a
rule meant to ensure that students in career-education programs - at
for-profit, public and nonprofit schools - secure "gainful employment"
and are not overloaded with debt.
For-profit schools say the proposal could have severe repercussions
for the industry. Federal officials estimated enrollment at for-profit
colleges at 1.8 million students in 2008.
(The Washington Post Co. operates for-profit colleges through its
subsidiary Kaplan Inc. and owns more than 8 percent of the stock in
for-profit Corinthian Colleges Inc.)
On Wednesday, several hundred students from such schools, as well as
others connected with the industry, rallied outside the Capitol to
protest the Obama administration proposal.
On Thursday, Harkin heard criticism of the industry from a Kaplan
nursing student in Iowa and from a career-services employee of higher
education provider Education Management Corp.
Danielle Johnson, 37, of Tama, Iowa, said a Kaplan admissions officer
misled her into thinking that after she began her studies in Cedar
Rapids she could do a significant amount of her clinical training
closer to her home. She said she later discovered that was not
possible, but only after taking out $9,600 in student loans.
"This has been a very disheartening experience," Johnson said.
Kaplan said in a statement that federal privacy laws "prevent us from
providing personal information on any single student. However, what
the student presented today is not substantiated by the facts. We're
very proud of our practical nursing program, in which the Cedar Rapids
campus enjoys a 92 percent job placement rate."
Kathleen A. Bittel said Education Management Corp. was trying to "lend
credibility" to its schools by allowing them to claim large numbers of
successful graduates working in their fields. "But these are not
realistic numbers that are being reported," Bittel said.
She said that a co-worker showed her how to manipulate student
employment data and that she was pressured to meet job-placement
quotas that were impossible to achieve. Bittel is on leave from the
company, at her request.
In a letter to the committee, the company's chief executive said
internal and external reviews had found no evidence to substantiate
the allegations.
"Based on our investigations, we believe that Ms. Bittel's allegations
are unfair to the tens of thousands of men and women working to serve
students across the country as part of the EDMC family," chief
executive Todd S. Nelson wrote.
http://www.washingtonpost.com/wp-dyn/content/article/2010/09/30/AR2010093006460.html
DogDiesel
Its caused by affirmative action getting students in colleges they dont have
the brain power to be in. They cant grasp the education. Then they fail
or drop out and get affirmative action jobs for losers.
Its a mess created by the government to help them take over something else.
Thats run without issues.
"Contorted&Aborted" <kin...@yahoo.com> wrote in message
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