The Harvard Crimson last month wrote an editorial examining how for-profit colleges are hurting America — through student loans, they collect enormous amounts of taxpayer money, and often reward graduates with a poor education. Plus, many for-profits rely on fraudulent recruiting practices.
Meanwhile, community colleges offer similar, and often better educational programs at a fraction of the cost. How can this situation be fixed?
On a related note, Ryan Normandin wrote a column last Wednesday explaining how student debt is unsustainable.