For decades, the for-profits — which range from beauty colleges and truck driving schools to industry behemoths like the University of Phoenix — enjoyed booming enrollment and annual profits that climbed into the billions. But after years of criticism over purportedly fraudulent claims, high costs, and shady recruiting practices, for-profits have seen deep declines in student numbers and have been forced to slash tuition… “We’re in an age where the privatization of education is in a struggle with the public sector,” Levin said, noting that for-profit colleges and their lobbyists have repeatedly thwarted federal regulators’ efforts to more tightly regulate them. Even in the midst of all of these setbacks, “I think privatization has the upper hand,” he said.

Read full article [here].
by Matt Krupnick, CNN.

Posted: November 11th, 2013, by: admin. Categories: . Awaiting Comments.