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ProPublica’s Sharona Coutts Discusses For-Profit Schools and Investment Funds

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This week on the ProPublica Podcast, Sharona Coutts talks about her recent look into how investment funds are taking a more active role in the debate over for-profit colleges – a debate in which they stand to make, or lose, a lot of money.

Coutts explains how the schools lured students into signing up, why the government is funneling more money into these schools, and why each side claims the moral high ground.

Stories related to this podcast:

Investment Funds Stir Controversy Over Recruiting By For-Profit Colleges

University of Phoenix Settles Suit Over Recruitment Practices

At University of Phoenix, Allegations of Enrollment Abuses Persist

I would like to see you look at for profit k-12 charter schools.

I was discussing the stories about the University of Phoenix (and other for-profits) with my son-in-law who holds a Ph.D. in education from a well-known state school.  He said that the same type of thing goes on in the non-profit and state schools.  However, one of the fundamental differences is that many of these schools are elitist and will only take the “cream of the crop.”  It should not be surprising that the graduation rate for these schools is going to be higher than for a school with an open enrollment policy.  I am not defending any abuses by UOP or any other school.  I do believe that when comparisons are made, they should be fair comparisons.  Suppose a football league had a policy that no one who desired to play football would be turned down, regardless of size, speed, etc.  Could this league be expected to win as many games as those teams which accept only the testosterone-loaded jocks?

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