For-profit colleges respond to increased scrutiny
They gather in a generic suburban office park, working-class students chasing a fast track to success: a college degree.
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Since: Apr 08
#1 Aug 7, 2011
It depends on the for-profit college and how much they actually give you good education. If a company maintains low overhead and has good instructors, it keep the cost down and keep students out of debt.
In reality, it is better to maintain low overhead and have low tutition because the loans recievable balance will be lower. In addition, you would have lower rate of write-offs of loans recievable and therefore, you have a higher profit margin.
But too many companies are too greedy to realize that.
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