Cause And Effect Essay For Profit Colleges

The past has shown time and again that one who has been well educated succeeds in life. If a person attends college limitless doors will open for him or her because one has multiple possibilities in the career field. Since one has the qualifications, particular career options will continue to provide themselves. One will most likely be paid more money because one has a large wealth of knowledge, and have been professionally trained in certain areas of expertise. Financial success, excessive knowledge, and endless career possibilities are a few basic effects of a college education. If one has been trained correctly, life will provide a great deal of optimism, and one will most likely live an additionally comfortable monetarily savvy life.

Danielle Douglas- Gabriel said, ‘' it's difficult to make any assessments about the value of for-profit graduate degrees without any sense of the path students take after leaving the programs. Still, the amount of debt that students incur in some for-profit graduate programs is astonishing''. Clearly, Danielle is stating here that the programs in for-profit schools tend to have very, very high prices for their programs, which maybe are outraged prices compared to community colleges prices. Danielle also said, ‘' Graduates students borrowed the most amount of money, $756 million, to attend Walden….''. Looking at these numbers is a very big an astonishing number just for students to attend one school, so now imagine multiplying that to the other for-profit

Kevin Carey is direct with what he believes is wrong with for-profit universities. He believes that they do offer classes that may be a better option for non-traditional or low-income students. However, these universities are doing these while scamming taxpayers throughout the country. These universities receive millions of dollars in funding from the government in grants and are still able to make a profit, although, many students are unable to repay their student loans in a timely manner. Some personnel within these universities use tactics to convince students to apply for loans, knowing that it is not a financially intelligent decision. Not only is this borderline unethical, but many students that receive these loans default on the payments. The for-profit universities are even attempting to change the funding from the current 90/10 rule, which states, the amount of federal funding cannot exceed 90 percent of total revenue. One quarter of all of federal aid is given to for-profits, even though, they account for less than 10 percent of students. Considering this information, government funding would be better served elsewhere.

First, there are some students that disagree on college being worth it because of the cost of tuition that is, so high. They feel that college is far too expensive to even attend, so they just look for a job, instead because they feel that they’re wasting time and money. But, what they don’t know is, that there are other colleges out there that have much cheaper tuition to pay. According to Louis Menand, “Public Colleges are much less expensive—the average tuition is $7,605—and there are also many less selective private colleges where you can get a good education, and a lot more faculty face time, without having to spend every minute of high school sucking up to your teachers and reformatting your resume” (Live And Learn). Also, there are people that say they don’t have the money after they graduate from high school to get into college, which then, they can apply for financial

This means that in order to have a decent job, you usually need some type of degree or training beyond a high school education. Unfortunately, in years to come, this trend toward for-profit colleges could devastate our nation’s economy. The student loan debt in the US is roughly equal to the amount of US credit card debt, they is a frightening fact because for-profit student are more likely to default on their loans (they make up 44% of all student debt defaults), which could burst our student debt bubble. This would have devastating consequences for our government, tax payers, and possibly even the global economy. If our student debt bubble were to burst, like the housing bubble back in 2007-2009, it would have the potential to plunge us into another Great Depression. That, is

Colleges and university have slowly become one of the stepping stones into the working world today. People go to colleges for higher education with the intention of earning degrees in which they can use in their respective fields. Some example degrees that people pursue are Medical, Law, Business, Accounting, and Science Degrees. Through the years the idea of college was that it was optional and it was a door for better life and job. However in the modern times, it become a necessity. It all started when the colleges once single- gender institutions target specific students in their respective demographics. Today, the college market has now been divided into two major categories:

In general, for-profit schools cost more to attend, because they are run like businesses. And it definitely does not take a college degree to see that these high prices plus low income students equal greater risk of default. For-profit colleges began as family owned trade schools but over the years they have expanded into educational businesses that accept any student, regardless of their financial wellbeing or aptitude. On the other hand, traditional schools have neglected to notice the rising need for an education that is flexible and convenient. In his article “Why Do You Think They’re Called For-Profit Colleges,” Kevin Carey writes to an audience of higher education students and faculty to convince them the pros and cons of both traditional and for-profit schools using different rhetorical, organizational, and stylistic strategies.

Regarding the man taking orders and flipping burgers, his name is Tim. Tim was a hardworking student, but he had average grades so he was not given any scholarships. Tim was from a poor family, so his parents could not afford to send him to college. Had Tim been able to go to public college for free he would have had a better chance at a good job and a productive life. Cases like Tim’s are becoming more and more recurring amongst America’s youth. With a degree Tim would have a better chance to get a good job to provide for him and one day maybe even a family. According to college

Throughout the years, America has always debated whether education is needed- if it helps people succeed or not. The argument in the past was always over high school education, which is now mandatory. That decision has helped the US rise economically and industrially. Today, the US is in the middle of the same debate- this time, over college. Some, like David Leonhardt, a columnist for the business section of The New York Times, think a college education creates success in any job. Others, such as Christopher Beha, an author and assistant editor of Harper’s Magazine, believe that some college “education” (like that of for-profit schools) is a waste of time, and can even be harmful to students. Each stance on this argument has truth to it,

“After I graduate from college, I am going to buy a house, a car, get married to my high school sweetheart and live our lives happily ever after!” This might sound realistic for the Gen Xers and generations before that; however, for the Millennials, a generation which is drowning in the student loan debt, it is not anymore! In fact, according to the survey conducted by the American Student Assistance (ASA), 75% of the respondents said that student loan debt has impacted their ability to purchase a home. In addition to that, 63% stated that their ability to buy a car is truly affected by their student debt, and 29% of them even decided to delay marriage due to the same debt. It is truly important to point out this issue as it will definitely cost us our dreams of living a quality life if it is left unresolved. In my opinion, there are many ways for the Millennials to tackle

Most people are left with a lot of debt after the graduate because financial aid doesn’t give out enough money and there are limited scholarship opportunities. The problem is the cost of college and this problem affects everyone who wants to go to college or is in college. College cost thousands of dollars. Tuition at a 4-year university costs around 8,000 per year.

One of the main reason that put most college students in debt is tuition. The average cost of tuition is increasing each year. In the article “The Student Debt Crisis at State Community Colleges”, Quinton says that plenty of community college students graduate drop out and an increasing number of students are taking on debts they cannot pay back because of the tuition (2016, para 3). This shows that college tuition is the reason why students are being pushed aside from college. Tuition costs are considerably lower at community colleges than a 4-year college. They keep their doors open to everyone and everyone gets a chance at community colleges. Research shows that even though for profit

1. Matt Taibbi argues in his Rolling Stone article “Ripping Off America: The College-Loan Scandal” that the government, colleges and universities, are all perpetuating this scandal of ripping off unknowing students. He states that students have essentially been backed into a corner because any good paying job requires a 4 year degree, but the debt gathered in doing so makes life after getting a degree just as difficult. Taibbi’s first point of surprise was “In 2010, it estimated that one in five had defaulted on their loans since 1995, that 31 percent of community-college students default and that an astonishing 40 percent of students attending for-profit schools end up defaulting” (Taibbi). Pursuing a higher education is something that has been disguised as doable for everyone, but what such high defaulting percentages, the current method clearly does not support this. Furthermore, Taibbi went on to say that, “After the latest compromise, the 10-year revenue projection for the DOE 's lending programs is $184,715,000,000, or $715 million higher than the old projection - underscoring the fact that the latest deal, while perhaps rescuing students this coming year from high rates, still expects to ding them hard down the road” (Taibbi). This is surprising because it further shows that deceit is a very prominent theme when it comes to understanding and pursuing a higher education. They make it appear like they are finding a solution or trying to be fair, when their true

classes at Everest College were terrible and that she did not receive the appropriate job training. She ended up with a minimum wage job at Victoria Secret and wishing that she had never attended Everest College. Corinthian Colleges was recently accused of “operating a predatory lending scheme, preying on low-income students, and falsely inflating job placement numbers” (Ellis). It is in the process of selling most of its member colleges, leaving many of its past students responsible for the loans they took out. However, even though Corinthian Colleges is in the process of being shutdown, there are many more for-profit colleges still operating and using the same deceitful recruitment methods.

What makes fast food business so profitable and successful is their immense customer base which varies between cultures, social classes and many other varying aspects. These for profit colleges try to sell this same image that college can be for everyone regardless of income or education level. They make their colleges open to anyone who is willing to pay, mostly paying through financial aid. Consequently, most of their profit comes from