Apr 3, 2012
4-Year Students At For-Profit Colleges Graduate Less Than Half As Often As Other Students, But Their Schools Do Create Jobs — For Lobbyists
By David Halperin, published at the Republic Report
This article provides us with information as to why for-profit colleges are failing students, have low graduation rates and leave students with huge education debt upon graduation
[Editor Note: It is important that our readers understand the Koch brothers and their multiple foundations and foundation partners have been busy buying up key departments within our public college system while ALEC drafts laws reducing state funding for public education and advocating an expansion of Charter and private schools. ALEC's corporate controlled state legislators introduce and pass these laws which benefit those corporations at the expense of students who receive less education as public funding for education is diverted to profits.
Right now VLTP has a list of 188 U.S. colleges receiving Koch money. They provide "endowments", "grants" and other financial gifts to college departments involving economics, environment and business. These monetary "gifts" include strings that the Koch brand of economics, environment and business practices are taught within those departments. In the case of FSU Koch went further, demanding to have a final say in professorial assignments and hiring of instructors for the Economics department. VLTP will be posting the entire list of colleges receiving funding from Koch in the immediate future.
While private colleges and schools amass huge profits for their investors and administrative corporate personnel, they do little for students education and post college futures. With more and more tax money going to private education at all levels, we can expect our entire public school system from K through college to begin to mirror the low results now reported in the linked article.]
Read the full Halperin article at Republic Report here…