Friday, October 10, 2014

8 OCT HW

1.for-profit college must obtain at least 10 percent of its revenue from a source other than Title IV education funds, the primary source of federal student aid. Funds from Tuition Assistance and the G.I. Bill are not defined as Title IV funds, so they count toward the 10 percent requirement, just like private sources of financing. - Qualifies / helps Careys claim of how for-profit schools abuse gov funds and try to find any loop hole in gaining profits, even if they are targeting the military.

2. A number of for-profit colleges have questionable academic credentials or lack accreditation accepted by other institutions. - complicates Careys claim of for-profit schools accreditation. When entrepreneurs buy out for-profit schools they also can basically buy accreditation, causing the question if some schools have actual valuable accreditation to their name or if it was simply bought

3. Enrollment in for-profit colleges, while still a relatively small share of the higher-education market, has grown more than tenfold over the past decade. For-profit education companies are now in high demand among venture capitalists and investment bankers - qualifies/extends Carey claim of for profit schools being here to stay 

"Sounds like a poor employee crying over spilt milk. How could anyone going into a for-profit organization not realize there are quotas and expectations. I am a very satisfied student of Ashford, but after my last Student Advisor left, I realized I was given misinformation. Perhaps its from the initial poster who was not satisfied with her employment"  - complicates

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