Defrauded students to receive loan forgiveness

Re:Defrauded students to receive loan forgiveness by IG_Semmelweiss on Friday March 19, 2021 @07:11PM (#26519104)

I don't understand the focus on for profit schools.

All else being equal, profit vs nonprofit schools are exactly the same. Its just different people that take their pound of flesh.

For profits... benefit seniors invested in ETFs or 401ks

Nonprofits...benefit CEOs and school administrators.

No difference. The tenured faculty usually wins. The student + taxpayer always lose.

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Re:Defrauded students to receive loan forgiveness by cosmotic on Friday March 19, 2021 @07:18PM (#26519152)

All else being equal, for-profit incentivizes delivering the lowest possible quality at the highest possible price.

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Re:Defrauded students to receive loan forgiveness by IG_Semmelweiss on Friday March 19, 2021 @07:23PM (#26519184)

is that true ?

Surely for every Corinthian College there are 50 Anytown University (which do absolutely nothing and charge effectively the same ).

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Re:Defrauded students to receive loan forgiveness by dragonwriter on Friday March 19, 2021 @07:29PM (#26519212)

> Surely for every Corinthian College there are 50 Anytown University (which do absolutely nothing and charge effectively the same)

Surely, you have some evidence to present supporting that “surely, there are...” claim.

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Re:Defrauded students to receive loan forgiveness by IG_Semmelweiss on Friday March 19, 2021 @07:36PM (#26519247)

well i'm not the one making a claim that for profits are far worse than non profits....

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Re:Defrauded students to receive loan forgiveness by RhysU on Friday March 19, 2021 @07:26PM (#26519196)

Dunno how I as a taxpayer lose from having a better educated, more productive population...?

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