Meet the people who keep billions of tax dollars flowing to for-profit colleges

[LuckyTheDog]

For-profit universities have had another rough year, with big players facing federal scrutiny for everything from predatory loans to outright fraud.

Now attention is turning to the schools’ accreditors.

Accreditors are supposed to make sure that schools provide students with a quality education. They are not government agencies, but wield enormous power: Schools need accreditors’ stamps of approval to maintain access to the government’s annual $170 billion in federal student aid.

Losing accreditation would be fatal for most for-profit schools since they rely on federal aid for much of their income. But accreditors rarely crack down, even when students are struggling. One of the areas where students at for-profits face extra burden is debt: While only one-tenth of college students attend for-profit schools, they account for nearly half of all students’ defaults.

MORE HERE: http://yonside.com/meet-the-people-who-keep-billions-of-tax-dollars-flowing-to-for-profit-colleges/

[KamaAina]

1. Meet the people who tried to shut down a community college because it has faculty governance

instead of the bloated middle management style favored these days.

Yup, the accrediting agency.

http://www.democraticunderground.com/10408088

http://www.democraticunderground.com/10408845

[GreatGazoo]

2. when the highest paid employees of NP colleges are the football coaches

it seems like the whole system needs an overhaul.

http://sports.newsday.com/long-island/data/college/college-football/coaches-salaries/