For-profit colleges facing increased scrutiny, criticism

For-profit colleges have long been controversial – see this 2001 article (PDF) by Columbia University’s Henry Levin for an historical perspective. Recently, for-profits have been back in the news:

  • The AP reports that students at for-profit schools are more likely to default on student loans
  • In a two-part series, the Denver Post reports that some for-profit schools have drawn complaints from students regarding the non-transferability of course credits and high debt burdens among students.
  • In addition, the Post reports, various entities involved in monitoring and accrediting higher education are considering increasing regulation of for-profit institutions.

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