CedarSpringsCG, on 13 January 2012 - 02:08 PM, said:
I feel for you Beagle. I really do, however I am going to go out on a limb here and assume this was a place like Phoenix or Davenport? Unfortunately those are a wall street cash cow to make money off of unsuspecting people. It's all about getting you in and giving you loans you can never pay.
The federal govt has opened up the door for these for-profit colleges. These wall street guys (Goldman Sachs) lobbied for less regulation on these schools, and now its a huge money making industry where wall street gets to play with all those student loans while defrauding the same government that allowed them to get all crazy to begin with.
Which is why deregulation is a bad thing. It allows for-profit schools to take advantage of people, and this is just a small chunk of what's possible with deregulation.
Here's some links, if anyone disbelieves me.
http://www.huffingto...e_n_997409.html
http://topics.bloomb...rofit-colleges/
We need to fix the problem of these people screwing with students and stealing from the goverment. You dont shut down the dept of education
The federal govt has opened up the door for these for-profit colleges. These wall street guys (Goldman Sachs) lobbied for less regulation on these schools, and now its a huge money making industry where wall street gets to play with all those student loans while defrauding the same government that allowed them to get all crazy to begin with.
Which is why deregulation is a bad thing. It allows for-profit schools to take advantage of people, and this is just a small chunk of what's possible with deregulation.
Here's some links, if anyone disbelieves me.
http://www.huffingto...e_n_997409.html
http://topics.bloomb...rofit-colleges/
We need to fix the problem of these people screwing with students and stealing from the goverment. You dont shut down the dept of education
No its was henry ford community college,dearborn














