The Bane And The Boon Of For-Profit Colleges

Career College Central summary:

  • Eduardo Porter of The New York Times wrote an in-depth article about the Department of Education's "gainful employment" rule and its impact on career colleges such as Monroe College.
  • In the piece, Porter quotes Marc Jerome, the executive vice president of Monroe College: "Targeting only for-profit institutions and exempting public or nonprofit institutions with poor outcomes is ultimately more harmful to the students the administration is seeking to protect and could ultimately drive them to schools with lower graduation rates, higher default rates" and weaker potential for future earnings.
  • Click through to read the complete article.


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