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"For-profit colleges a terrible deal"
#35
$tevie wrote:
Mikulski, Harkin, Merkley Introduce Legislation to Stop Colleges from Peddling Worthless Degrees
Under a loophole in federal financial aid laws, schools that are institutionally accredited may offer individual programs that lack state licensing or programmatic accreditation, even when they are required in order for their graduates to enter the occupation they were prepared for. Students enter these programs believing that they are preparing for a job in that field, only to discover after graduating, often with heavy debt loads, that they are not qualified to work in that field or take an occupational exam. The Protecting Students from Worthless Degrees Act would require programs offered by institutions to meet any state licensure requirements and programmatic accreditation that is necessary for entering an occupation in order to receive taxpayer-funded tuition such as Pell Grants, Stafford Loans, G.I. Bill benefits, or Department of Defense Tuition Assistance funds.
http://www.mikulski.senate.gov/media/pre...1-2012.cfm

Now that makes sense.
(Mikulski is the best. Love her.)
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Re: "For-profit colleges a terrible deal" - by Lemon Drop - 08-02-2012, 07:39 PM

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