There is a growing movement against student debt and a greater awareness about how for-profit colleges put consumers in debt peonage. You can follow this movement on Twitter at https://twitter.com/StrikeDebt
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Where's the evidence in your assertion, Cat Lady? The federal government has found an average default rate of (just for-profits) 23%, this school's is closer to 28%. When is this giant litterbox going to institute real standards, change that protects students and taxpayers alike?
As an American I'm more outraged by the entitlements handed out on a daily basis to individuals that have no desire to work but work the system...that is a bigger wast of taxpayer's dollars than student loan monies...
who charge a fee to 'consolidate' a student loan that students can do themselves.
Just another scam that takes advantage of students.
Camden, I like this growing movement but I think it should expand to include not-for-profit schools as well. Student debt is enormous today and I still don't understand why students should begin life in debt simply because of education. However, I can see your point in that the biggest violators and creators of student debt are for-profit schools, namely the University of Phoenix. The school was started by a man who boosted he wanted to prove "there was profit in education." He didn't say he wanted to make education more accessible. He wanted to sell "more butts in seats." One of the other "founders" of the "school" is selling his mansion for nearly $30 million dollars while the University of Phoenix struggles to survive and lays off more employees. It is clear that the executives of University of Phoenix fleeced federal funds to line their own pockets at the expense of the student and federal government. Every taxpaying American, not just the student, every taxpaying American paid for that $30 million dollar mansion and the execs 2014 $10 million a piece end of year bonus. The University of Phoenix is absolutely sickening. Americans should be outraged and protesting.
Camden, I like this growing movement but I think it should expand to include not-for-profit schools as well. Student debt is enormous today and I still don't understand why students should begin life in debt simply because of education.
However, I can see your point in that the biggest violators and creators of student debt are for-profit schools, namely the University of Phoenix. The school was started by a man who boosted he wanted to prove "there was profit in education." He didn't say he wanted to make education more accessible. He wanted to sell "more butts in seats." One of the other "founders" of the "school" is selling his mansion for nearly $30 million dollars while the University of Phoenix struggles to survive and lays off more employees. It is clear that the executives of University of Phoenix fleeced federal funds to line their own pockets at the expense of the student and federal government. Every taxpaying American, not just the student, every taxpaying American paid for that $30 million dollar mansion and the exes 2014 $10 million a piece end of year bonus. The University of Phoenix is absolutely sickening. Americans should be outraged and protesting.