REPOST: For-profit colleges and the threat of a new bubble


For more than 50 years, the federal government has provided students with grants and loans to help pay for college. This has been a powerful investment in our human capital and our nation’s future. However, an ongoing investigation by the Senate Committee on Health, Education, Labor and Pensions (HELP) has raised serious questions about whether students — and taxpayers — are getting good value for the surge of federal dollars flowing to for-profit colleges.

Read the full story: http://www.latimes.com/news/opinion/la-oe-harkin-profit-colleges-20100713,0,2510026.story

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