For the first time since I left the newspaper business, I feel I have some news. And it’s news that might shake up a stagnant Washington policy debate.
For-profit colleges have become a standard target of the progressive left (and not them alone). Their charges include: The students are recruited aggressively; the prices are too high; most of the students drop out and many incur high levels of debt and then default; for those who stick it out and graduate, the degrees aren’t worth much.
These charges have been so widely publicized and so often repeated that they have entered the realm of accepted truth. In some quarters, to defend any for-profit education company is to defend the indefensible. Hear me: There are huge differences among for-profit colleges, as among other colleges. Some for-profit colleges have behaved disgracefully to their students; I do not defend them.