For-Profit Colleges in the US: A Morally Bankrupt Sector? |
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"Until recently, I thought that there would never again be an opportunity to be involved with an industry as socially destructive and morally bankrupt as the subprime mortgage industry. I was wrong. The for-profit education industry has proven equal to the task."1 - Steve Eisman (Eisman), hedge fund manager, FrontPoint Partners LLC2 , in 2010. "In focusing only on for-profits, we are not being objective, and we are ignoring the bigger picture of what is happening across all of higher education....The for-profit sector should not be examined in a vacuum."3 - Mike Enzi, a US Senator from Wyoming, in 2010. Putting Profits over Public Good?
For-Profit Colleges in the US: A Morally Bankrupt Sector? - Next Page>>
1] Steve Eisman, "Subprime Goes to College," www.nypost.com, June 6, 2010.
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