For-profit schools face scrutiny

[aka name]

Title: For-profit schools face scrutiny
Date: July 18, 2010
Author: Daniel Lee

The report, citing U.S. Department of Education data, noted that 96 percent of students who graduated from for-profit institutions took out student loans. And in many cases, students accumulated a ton of debt -- 24 percent of those 2008 grads had federal loans totaling more than $40,000.

Source: http://www.indystar.com/article/2010071 ... e-scrutiny

[aka name]

Title: Editorial - For-profit colleges need stricter accountability
Date: Sunday, October 31, 2010
Author: starnewsonline.com

[Another article for the pile...]

In 2009, students at these schools received $4 billion in Pell Grants and $20 billion in federally backed loans. And more than a quarter of these “proprietary institutions” – the industry prefers a label less mercenary than “for-profit – count on federally funded financial aid for 80 percent of their revenues.

Source: http://www.starnewsonline.com/article/20101031/ARTICLES/101039976/1005/sports?p=2&tc=pg