Why For-Profit Colleges Aren’t What You’d Expect
Few things give Americans more stress than college; decisions regarding higher education can be some of the most difficult. Recently, an increasing number of people have been choosing to attend for-profit universities such as University of Phoenix or Corinthian Colleges. These schools offer incentives that tend to appeal to people of middle to lower income level, yet they cost much more that attending a traditional nonprofit school. In his essay, “Why Do You Think They’re Called For-Profit Colleges?” Kevin Carey examines how these schools leave students with mountains of debt, appeal to working class people, and share common flaws with nonprofit colleges.
Carey presents the facts on how students …show more content…
As Carey said, “There’s no doubt that the worst for-profits are ruthlessly exploiting the commodified college degree. But they didn’t commodify it in the first place”(p220). Carey’s point is that all colleges, regardless of profit status, are basically selling their students a gambol; there is no certainty as to whether any college student will be able to get a job and pay back the debts they acquired while getting their education. Along with this, he points out how the quality of education is determined by “regional accreditation,” and by this standard, nonprofit schools offer no better education than for-profits.
The issues with for-profit schools do not go unseen; these schools can be detrimental to students by marketing high-cost education to low-income students. This, combined with the preexisting issues retained from nonprofit schools, can leave graduates without money and uncertain of their futures. In his essay “Why Do You Think They’re Called For-Profit Colleges?” Kevin Carey examines how these schools have been able to cause such damage with very little government regulation, and how the solution may come from fixing the problems that already existed in America’s nonprofit
Few things give Americans more stress than college; decisions regarding higher education can be some of the most difficult. Recently, an increasing number of people have been choosing to attend for-profit universities such as University of Phoenix or Corinthian Colleges. These schools offer incentives that tend to appeal to people of middle to lower income level, yet they cost much more that attending a traditional nonprofit school. In his essay, “Why Do You Think They’re Called For-Profit Colleges?” Kevin Carey examines how these schools leave students with mountains of debt, appeal to working class people, and share common flaws with nonprofit colleges.
Carey presents the facts on how students …show more content…
As Carey said, “There’s no doubt that the worst for-profits are ruthlessly exploiting the commodified college degree. But they didn’t commodify it in the first place”(p220). Carey’s point is that all colleges, regardless of profit status, are basically selling their students a gambol; there is no certainty as to whether any college student will be able to get a job and pay back the debts they acquired while getting their education. Along with this, he points out how the quality of education is determined by “regional accreditation,” and by this standard, nonprofit schools offer no better education than for-profits.
The issues with for-profit schools do not go unseen; these schools can be detrimental to students by marketing high-cost education to low-income students. This, combined with the preexisting issues retained from nonprofit schools, can leave graduates without money and uncertain of their futures. In his essay “Why Do You Think They’re Called For-Profit Colleges?” Kevin Carey examines how these schools have been able to cause such damage with very little government regulation, and how the solution may come from fixing the problems that already existed in America’s nonprofit