Who are for-profit colleges serving, and at what cost?
Diverse Issues in Higher Education, (2007)Abstract
Although for-profit colleges offer the low-income community convenience and service, there is a cost. Students who attend a for-profit college for an associate degree incurred, on average, two-and-one-half times more debt than students who attended a public community college, and students who attend a for-profit college for a bachelor's incur 58 percent more debt than students who attend a public four-year institution and 26 percent more than students who attend a private four-year institution. Moreover, many institutions use high pressure sales tactics to recruit students, setting up a situation in which students may receive little to no academic benefit as a result of their enrollment.