Joe Nocera on Why We Need For-Profit Colleges
Follow @smoughtsSeptember 19, 2011, 1:01 pm ET
In recent weeks, for-profit colleges and universities have seen some bad news, including a federal lawsuit alleging fraud at EDMC, the second-largest for-profit company, and a sharp decline in new enrollments across the industry.
But Joe Nocera argues in yesterday’s New York Times Magazine that the industry’s problems have led many critics to the wrong conclusion — “that the only way to ‘fix’ for-profit education is to get rid of it entirely,” and that new regulations to tighten oversight are “cumbersome, complicated — and more than a little punitive.”
Read the full article here.
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