New Study on the 'Troubling Realities' of For-Profit Colleges

In an article titled "For-profit exposed" published in AFT On Campus [AFT: American Federation of Teachers], serious problems of pro-fit colleges have been discussed and shocking findings presented.

This study is based on a two-year long investigation by the Senate Health, education, Labor and Pensions Committee of the for-profit  higher education industry. The photo in the article shows Senator Tom Harkin, holding the four-thick-volume report, who is chair of the Committee, for the "overwhelming documentation."

Here are two of the key findings:

1. More than "$30 billion a year" tax dollars have been invested in profit colleges.
2. "86 percent of revenues" of 15 publicly traded for-profit college companies come from "federal financial aid, Post-9/11 BI Bill benefits and Department of Defense Tuition Assistance funds."

When the American economy is in such a poor state and budget cuts occur on campuses across the country, it does not appear a logical or wise thing to pour over "$30 billion a year" to for-profit colleges!

If only the government VIPs would handle finance as if within their own families, many illogical spending could have been avoided. What an unfair distribution of tax-payers' money!

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TOPICS:
Researching credible Web sources [.edu, .org, .gov], citing the source with each quote and preparing the bibliography entry for each source cited at the end, do these:

1. Regarding this issue, who are the two top experts and decision-makers? What have they written on the topic? Give key bio and accomplishment info.
2. What top three arguments have been given to justify funding for-profit colleges with tax money? By whom?
3. What top three arguments have been given against funding for-profit colleges? By whom?
4. Should for-profit colleges receive public funding? Give your opinion and support it.

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