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A newly released study of federal data finds that for-profit college students experience a decline in earnings and increase in debt with six years of attendance, when compared to their financial standing before enrollment.

Inside Higher Ed reports today on the research study by George Washington University and part of the U.S. Department of Treasury.  "The negative earnings effects we find are troubling given the debt that students incur to attend for-profit institutions," the student find.

A for-profit college industry spokesman criticized the study, stating in part, "The study's methodology is an extension of the flawed logic behind the gainful employment regulation -- it looks only at short-term earnings and not at the lifetime benefit of higher education to a non traditional student and their family."
 


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