For-Profit Colleges Are Ineffective But Republicans Want to Keep Feeding Them Federal Money Anyway

Only 10% of post-secondary students attend for-profit colleges, but they account for 44% of student loan defaults.

The Obama administration passed regulations to restrict federal funding to these colleges, because you know, they’re clearly not very effective at finding “gainful employment.” Yet as part of their budget, Republicans in the House included legislation that would block funding for these new regulations.

I thought conservatives were for effective government and not throwing money around?

The American Prospect

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