Harkin Report SLAMS Cost of For Profit Colleges!

Harkin Report SLAMS Cost of For Profit Colleges!

September 8, 2019 100 By Stanley Isaacs


for this experiment so we have
experience and sensing which i’m very excited for tulare sanket and take that they could play and that
about events anything out one from the house and one from the senate it’s
leaking for me what we already know about or private colleges which is that that they’re completely
shady business is the care only about profit and very little about student
achievement i basically in this house studied they found that for-profit colleges are
paying their executives based i think it was seventy percent off of profit and not what steven had not seen since
success rate and the senate report i was basically just condemning the costs and
practices finding that in just a year taxpayers spent thirty
two billion dollars funding these for-profit colleges any well we have to know exactly as
walking away with what was a thirteen of million dollars in salary basically thirteen times the highest
kehta hai what high-speed ivy league president is
making that was that was the number the
probably surprise the most embarrassing shocking numbers in here but the idea
that this guy running and that is running one-on-one college
he’s running like a consortium or something like that but he’s getting
paid thirteen times i think was harvard their present was being paid opinion
paper bindles mentality and hear about that but can he provide thirteen times the
service to students are to the country at all i think that this is central if we talk
about for proper colleges all locked in a we probably going about it too much
but when you look at these numbers how can we not thirty two billion dollars north
american taxpayer and ended what did that for the fighting
to be begets almost entirely through the federal government so the new
regulations put in place that a ten percent of the funding had to come from
non government sources like most high bar being so they can just be fair but then they get around that by of
chinese many military scenes as possible because military aid which comes from
the government is included in that amount right so even with the high regulations
that obama money akhila like this is ridiculous what they
find that basically doing till is in order to get all that money they are
setting their tuition at the exact same cost at the highest in on a federal eight you
can actually get so that means that they’re telling the students i’ll come
here because you can get your entire education fund
eddie whether it’s enough for student loans and maybe not you know permanently
funded the temporarily funded and then that basically you have most of the students never even graduate
from these colleges even dot that within four months something at the zone that exactly these
executives have already taken all the money so they’re walking away with these
huge salaries emilio getting education in even if you
are inside is a graduating from these colleges you’re walking with a degree that’s
really not worth alliances career field so it’s just that there are some that
are worth something but not as much as a traditional public departed for less
money and so let’s talk about some options so instead of going there you
could go to a committee college uh… thirteen percent of communica
since take out loans at ninety six percent of for-profit college students
the government’s you really think about for-profit colleges continue that much
better than education then a community college something so high no i mean everything
last yeah a_b_c_ talked about they said the the tuition at the exact amount that
you get loans some magic if like thanks for the oklahoma finally raise
the metal loans he gets so that other students can go to work more were
difficult to get into a more expensive colleges that we think barry scheck
isolation for your accident exactly that it’s it’s about incentives look on the
interstate or suffer incentives and that’s how you know what people are
gonna do it if we’re telling them just make as much money as you want and
you know even really tall always news market maybe talk about uh… something like twenty two percent of the revenue goes
to move towards marketing and recruiting which is higher than the amount that
goes to instruction players that this is also a sales office meetings that i was reading something
about support someone who was a recruiter for what’s what college and she had it sales goals he had a
close look at three days i mean this is what you say when selling
a house for a car and or stocks not one dash eighty seven tackling knowing they’re lying distance to
accreditation about serve the case is a big hit even then the scenes find out how to the
fact that actually there credits are not going to transfer to another community
college or university and then they’re just asa wealthy sickly yet so it may seem as if it’s mines were
sort of bombarding the channel with the same type or property listings but maybe it’s sappy and maybe it’s
idealistic but i was hoping that some students down the line or watched
these and realize that just because these
schools have official sounding names like university of phoenix and things
like that work for whimsical say it was actually sounds pretty cool it doesn’t mean that they’re the ones
and that is they’ll or something like that you can’t trust them in the senate
and you need to actually think about the money that you can spend it easy for them to
say that you know if they had a pocket it’s all still owns start-up kit
abysmally intentionally i’m realizing that now you should
realize it before you go to college that’s really what has happened
commercials i think anyhow often any watching tv and you see commercials for dick ir college of american erin listings and
obviously targeting people who are a little bit down that lack right now
anyway second public out you know you can read and agree you can do exactly
what you need handed you know just don’t find that happened a
completely taking advantage of the art and then you know if you fall into the statistic
you’re gonna be dropping out within four months anyways and you still have the
student loan he didn’t get a degree and then they’ve got an extra you know couple no in their pocket that reminds me of did you see i think
every and then in the latest before i came that way but never start haha on
all day and where one telephone sit for you just sit around you know if it’s
almost go to college