"A child's learning is the function more of the characteristics of his classmates than those of the teacher." James Coleman, 1972
Friday, October 31, 2014
Team Obama Caves Once More to For-Profit College Predators
Some things just don't change, and Team Obama is one of them. From HuffPo:
The Obama administration on Thursday retreated from an ambitious proposal to protect low-income students and taxpayers from wasteful career-training programs and for-profit colleges that saddle students with taxpayer-backed debts they can not repay.
Investors cheered the news, sending shares in major for-profit college chains soaring Thursday and significantly outpacing gains in the broader U.S. stock market. Student advocates and consumer groups accused the administration of selling out students. . . .