For-profit colleges slammed in Democratic Senate staff report

It says they are failing students and costing taxpayers too much. Republicans call the investigation biased.

For-profit colleges are failing their students and saddling taxpayers with an enormous bill, a two-year investigation by the Senate education panel's Democratic staff concluded. Full Story »

Posted by Tanya J. Maurer

See All Reviews »

Review

Tanya J. Maurer
4.2
by Tanya J. Maurer - Aug. 2, 2012

The report linked the high dropout rates with a lack of money spent on instruction at for-profit colleges, finding that in 2010 the 30 for-profit colleges that were examined employed 35,202 recruiters compared with 3,512 career services staffers. The companies examined in the report spent 42.1% of their revenue on marketing, recruiting and profits, while spending 17.2% on instruction. More than 80% of the revenue at for-profit colleges came from federal financial aid, Harkin said.

See All Reviews »

Tanya's Rating

Overall
4.2

Good
from 10 answers
Quality
4.2
Facts
4.0
Fairness
4.0
Sourcing
4.0
Style
4.0
Context
5.0
Depth
4.0
Enterprise
3.0
Relevance
5.0
Popularity
4.0
Credibility
4.0
More How our ratings work »