As I read “For-Profit Colleges Deserve Some Respect,” by Seiden, I noticed one
main element in particular that illustrates Carry’s claim that every year, more
and more collee graduates of for-profit colleges are having a very difficult
time paying back their loans. Seiden mentions green, yellow, and red categories
of students that for-profits enroll. He says that the red students, who show no
commitment into getting obtaining a higher education, should not be enrolled
out of force because they are either unwilling or aren’t financially stable
enough to pay for college. These students are the ones who use up the financial
and human resources. The time and effort spent on these students could have
been more successfully used on students who truly wish to continue their
education.
Another article that complicates
one of Carry’s claims is “For-Profit Colleges, Vulnerable G.I.’s,” by Holly Perteaus.
Carry mentions that the 90/10 rule should be at least be diluted to 85/15
because it is coming out of the public’s pockets and raising taxes. However,
one thing I didn’t know about the system is that if you serve in the military
and then wish to go to college, the military education benefits constitute for
the 10 percent. In other words, this is a separate fund specific to educating
veterans and isn’t considered public financial assistance. This essentially
means even fewer people are able to actually pay for college because the 10
percent is being shared with military veterans.
A public comment from the article, “Inside
Ashford University: A former staffer talks to WiredAcademic” is a good
complication to one of Carry’s claims. “I
have been attending for the last year and other than some occasional
displeasure and inconvenience with the financial aid office, I have been more
than pleased with my enrollment and academic advisors as well as the education
I am receiving.” This opens the idea that maybe its not the for-profit
universities that are all bad, maybe the financial aide system is a little
corrupt and needs to take some blame for the debt infestation running through
former students of for-profits.
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