Friday, April 08, 2005

For Profit Schools and Federal Funds

From CNN.

According to the Career College Association, they now constitute 38 percent of the 2,500 higher education institutions where students can spend federal aid, and enroll 1.8 million of 23 million U.S. college students.

And they are growing rapidly -- unlike cash-strapped community colleges struggling to accommodate increasing demand. For-profits claim that their model, sculpted in marketplace competition, works (65 percent earn a degree or certificate within six years, compared with 25 percent beginning at public two-year institutions, according to CCA). They also claim to serve a higher percentage of minority and low-income students.

"If our institutions are doing a better job, particularly working with at risk-students, why should our students be denied the benefits of these competitive grant programs?" said Nancy Broff, the CCA's general counsel.

Hmmm...

Attracting more students equals "doing a better job"? Well, if nothing else that's a good PR line.

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