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President Obama and his education secretary are facing a bipartisan revolt from almost 300 lawmakers, an inspector general's investigation and several lawsuits over a proposed crackdown on for-profit colleges, which train people for jobs ranging from plumbers to computer technicians.
There seems to be a big urgency here to go after for-profit colleges who educate a high number of African-American and Hispanic people in our communities," Harry Alford, the head of the National Black Chamber of Commerce, told Fox News. "And for some reason, it's full speed ahead."
If your student loan payments make up more than about 8 per cent of your monthly income, the school can't get federal financial aid anymore," Andrews said. "It sort of knocks the school out of business."
Critics say most community colleges and universities couldn't pass that standard either, but aren't being asked to.
"There are first-year residents from Harvard Medical School whose student loan payments eat up 20 or 25 percent of their income. Is Harvard Medical School a bad medical school? I sure don't think so," Andrews said.
I'm with Obama on this one. These for profit "colleges" are predatory scams that promise students a fast track to a high paying job and leave them with a huge debt for a substandard education. Better training at a much lower price is available at your local community college.
I'm with Obama on this one. These for profit "colleges" are predatory scams that promise students a fast track to a high paying job and leave them with a huge debt for a substandard education. Better training at a much lower price is available at your local community college.
Do you see where this is going ? Private schools cannot be mandated to lower standards while state schools can. They already got K-12 and are now going after colleges.
The bar IS being lowered in local CC's. All of a sudden remedial classes required by scores on placement tests are are being questioned.
And a lot of incoming freshman need remedial classes..the highest being math majors and education majors.
I'm with Obama on this one. These for profit "colleges" are predatory scams that promise students a fast track to a high paying job and leave them with a huge debt for a substandard education. Better training at a much lower price is available at your local community college.
Yep and they aggressively target blacks as well. These schools are total scum.
If your student loan payments make up more than about 8 per cent of your monthly income, the school can't get federal financial aid anymore," Andrews said. "It sort of knocks the school out of business."
sounds like that's mr. andrews' main concern
if a business isn't helping the nation, maybe it should be knocked out
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