Scholarship News

Legislators Ask for Analysis of For-Profit Colleges


June 22, 2010
by Scholarships.com Staff
For-profit colleges have been the talk of the town in Washington over the last week, with legislators concerned by their rapid growth and what they consider a resulting lack of oversight. 

For-profit colleges have been the talk of the town in Washington over the last week, with legislators concerned by their rapid growth and what they consider a resulting lack of oversight. 

ADVERTISEMENT

Yesterday, a group of Democratic lawmakers called for a federal review of for-profit colleges, their recruitment strategies, and the value of what they provide students. In the letter they sent to the Government Accountability Office, the lawmakers were especially concerned about the fact that the for-profit sector accounts for less than 10 percent of total enrollments but about 25 percent of federal financial aid disbursements. According to an article in The New York Times this week, for-profit colleges collected $26.5 billion in federal funding last year, compared to $4.6 billion in 2000.

The letter came just after the U.S. Department of Education’s proposal that for-profit colleges be more forthright about students’ potential loan debt relative to their incomes, even going so far as to propose limiting federal aid to those colleges with the most uneven debt-income ratios. The for-profit colleges themselves have said that they would be comfortable with disclosing graduation- and job-placement rates and median debt levels, but that limiting federal aid would certainly force many of them into insolvency.

One case in Illinois serves as a cautionary tale, and an example of what is so troubling to legislators. The Illinois State Board of Education has launched an investigation of the Illinois School of Health Careers’ patient care technician program in Chicago after a group of students decided to file a class-action lawsuit against the institution. The students say they were misled into thinking that they would be able to take the state’s certified nursing assistant exams upon completion of the program. In fact, the program lacks the proper approvals from the Illinois Department of Public Health, leaving students with student loan debt and instruction in a field they say offers few, if any, job prospects.

Supporters of for-profit colleges say the schools are important in serving a population looking to learn a particular trade or get out into the workforce more quickly. Republican lawmakers on the other side of the issue have said Congress should be more concerned about looking for ways to monitor the bad eggs among the bunch and not be so skeptical of an entire industry, according to The New York Times article. Representatives for the Career College Association have said accredited institutions that focus on career-preparedness are critical in meeting President Obama’s goal of getting the United States on top in terms of higher education by 2020.

Most for-profit schools don’t report the kinds of dissatisfaction felt by those students at the Chicago school described above and are a good option for many students, especially those seeking flexible alternatives. The key is quality control. If you’re interested in a career college or an online degree university, do your own research. Make sure your intended school is accredited, as this means it meets a set of standards set forth by the U.S. Department of Education. Make sure the college you’ll be paying for—and may be paying for years down the line, even after graduation—is not only legitimate but worth paying for.

Connect with our massive database of millions of college scholarships by conducting a free scholarship search at Scholarships.com. Scholarships.com offers the simplest way to search for, apply to, and win college scholarships. Make your college education affordable or even free, by conducting a free college scholarship search at Scholarships.com.

ADVERTISEMENT

Discuss

Share your thoughts and perhaps thousands of students will benefit from your unique insight on the subject!



If you can read this, don't touch the following fields


 
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
When it comes to a student’s overall success, experts have found that a college’s location on the map is equally as important as the quality of the school’s curriculum and social environment. According to Forbes,  these colleges ranked #1 for each of these categories: large city, midsize city, and small city college towns out of 415 U.S. cities. When planning your next campus visit, consider schools in these top-rated college towns.

Best U.S. College Towns 2022

January 21, 2022 11:05 AM
by Liz Montenegro
When it comes to a student’s overall success, experts have found that a college’s location on the map is equally as important as the quality of the school’s curriculum and social environment.
On this year’s 27th anniversary of Dr. Martin Luther King, Jr. (MLK) Day in the United States, the national day of service has transformed into an entire MLK Week on college and university campuses around the country to honor the legacy and to continue the work of Dr. King toward greater equality, diversity, and inclusion of all people through nonviolence.

MLK Week Events Guide 2022

January 19, 2022 1:35 PM
by Liz Montenegro
On this year’s 27th anniversary of Dr. Martin Luther King, Jr. (MLK) Day in the United States, the national day of service has transformed into an entire MLK Week on college and university campuses
There are quite a few myths surrounding scholarships. Perhaps you’ve heard the most common misconception: that scholarships are only meant for graduating high school seniors. Let’s debunk this myth today by connecting you with scholarships created for high school freshmen and up.

Scholarships for All High School Students

January 12, 2022 9:56 AM
by Liz Montenegro
There are quite a few myths surrounding scholarships. Perhaps you’ve heard the most common misconception: that scholarships are only meant for graduating high school seniors. Let’s debunk this myth
Are you recognized across your campus and community for your activism driven by your passion for the environment? Channel your fervor for a greener future into funding for college. If you have a desire to make a lasting impact on our world and the track record to prove it, take a look at these scholarships. You can also find a full list of scholarships for environmental activists here.

January Scholarships for Environmental Activists

January 7, 2022 1:32 PM
by Liz Montenegro
Are you recognized across your campus and community for your activism driven by your passion for the environment? Channel your fervor for a greener future into funding for college. If you have a
The New Year promises a fresh beginning. You get to start off with a clean slate and leave last year’s worries behind. As we kick off a new semester, we all want to improve in some way and make this year better than the last.

Students, Make Your 2022 Resolutions Stick

January 5, 2022 12:14 PM
by Liz Montenegro
The New Year promises a fresh beginning. You get to start off with a clean slate and leave last year’s worries behind. As we kick off a new semester, we all want to improve in some way and make this
You’ve made it to your last year of high school- senior year- and graduation is just a few short months away! You are so close to taking that deep sigh of relief and starting the next chapter of your life, but it’s not quite over yet.

Tips for Curing Senioritis

December 30, 2021 1:44 PM
by Liz Montenegro
You’ve made it to your last year of high school- senior year- and graduation is just a few short months away! You are so close to taking that deep sigh of relief and starting the next chapter of your
If you’re a high school student, it’s never too early to start making your list of colleges. As you narrow down your search, the best way to decide on the best fit for you is to step foot on campus, get a feel for the campus culture, and ask the right questions. Do you see yourself studying in a college town or a more urban area? Does a large student body sound exciting, or would you prefer a smaller, more intimate school setting? Since most of the college’s facts can be found online, you will want to find out the “real deal” that only a living, breathing human being can answer, so that you can see how the school’s information is manifested in students’ daily lives.

5 Questions to Ask at Your Next College Tour

December 29, 2021 10:11 AM
by Liz Montenegro
If you’re a high school student, it’s never too early to start making your list of colleges. As you narrow down your search, the best way to decide on the best fit for you is to step foot on campus,
Choosing which college to attend is a huge decision that involves many factors to consider. For a Christian student who is weighing their options, there are quite a few benefits to attending a Christian college. For starters, campus culture is important no matter where you go, but Christian colleges offer a faith-based environment where you can be surrounded by students and staff who share your core values. Campus activities such as chapel and religious services, Bible studies, and extracurriculars offered on Christian campuses are designed to help you grow in your faith.

Featured Christian Scholarship Programs

December 22, 2021 1:47 PM
by Liz Montenegro
Choosing which college to attend is a huge decision that involves many factors to consider. For a Christian student who is weighing their options, there are quite a few benefits to attending a