Jim Hightower: For-profit colleges get rich by sinking students into debt--using our tax dollars

 

For the sake of the future, let's make higher education free to all

For-profit colleges get rich by sinking students into debt--and their scam is financed by our tax dollars

"A college degree is the key to prosperity for both you and your country, so it's essential," lectures the higher-education complex to the neophytes. "But we'll make it hard to get, and often not worth the getting." Touted as a necessity, but priced like a luxury, many for-profit college degree programs are mediocre or worse -- predatory loan scams that hustle aspiring students into deep debt and poverty.

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