Monday, January 17, 2011

for-profit colleges just another economic predator? People taking out student loans to attend these colleges believe the marketing hype that the degree will change the course of their life and fix their financial problems. These schools take advantage of the same people who got snowed by the subprime mortgage industry. Yes, every individual should know better. They aren't exactly victims. Nevertheless, shame on schools like Kaplan, IvyTech, Phoenix, and others. It borders on unethical. Read the whole article:

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