For-Profit Colleges: Game-Changers Or ‘Diploma Mills’?
For-profit colleges have a lot of accusatory fingers pointing in their direction, mostly from politicians and commentators looking for someone to blame for soaring levels of student debt. But are for-profits indeed fatally flawed ‘diploma mills’? Or convenient scapegoats? In Indiana, this debate has special significance. The state’s student default rate is one of the nation’s highest — and Congress [...]