Recently, Arne Duncan, U.S. Secretary of Education, and Under Secretary Ted Mitchell held a meeting call talking about the Department’s plans for debt settlement for Corinthian university students also to talk about keeping other schools that are predatory.
A few of these educational schools have actually brought the ethics of payday financing into advanced schooling.
They prey in the many students that are vulnerable and then leave all of them with financial obligation which they many times can not repay. We ought to have accountability to guard both learning pupils and taxpayers.
Duncan is completely right. Numerous for-profit universities promote by themselves as profession universities, whenever the truth is, they frequently leave pupils deep in debt, and without a diploma. Corinthian is certainly one instance, but barely the culprit that is only of. Continue reading ‚Predatory Lender or ‚Premier‘ Chain of Career Colleges?‘