For-profit universities are not inherently bad

By Barry Bozeman and Derrick Anderson. It is with good reason that for-profit universities have become in recent years a punching bag for the Federal Trade Commission, state government boards of inquiry, assorted litigants, and the media. Today’s for-profit universities are largely inhabited by short-sighted leaders who make lofty claims about vocationally relevant education while at the same time milking the working poor, the harried single parent, the returning veteran, and, particularly, the possessor of government loans. More...