How the for-profit college can destroy your life - Printable Version

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How the for-profit college can destroy your life - fullmetal - 10-26-2010

Here\'s an interesting article on the rise of the for-profit colleges and why they\'re so terrible right now (mainly, exorbitant student loans for fourth-rate education that turns into invulnerable debt).

Also, note that the U of Phoenix CEO is a Reed, kal, and Cambridge grad.  Whatever that means.

Quote:John Sperling, the founder of the University of Phoenix, has been widely quoted as having said, "This is a corporation… coming here is not a rite of passage. We are not trying to develop value systems or go in for that \'expand their minds\' bullshit.\'"

(Point taken!)

Just … would it be too much to suggest that the man who sneers at "value systems" might be the same man who is willing to rip people off in order to grow very very rich at the public trough?

(On the other hand, how weird is it that John Sperling is himself a graduate of Reed College, UC Berkeley and Cambridge University? Maybe the "value systems" thing really is a little overrated.)

http://www.theawl.com/2010/10/how-the-for-profit-college-can-destroy-your-life

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