Most of the leftists I know hate Kaplan University and University of Phoenix and any other place that is not a haven for leftist thought. Sounds like Hussein is paying back his base.
I think student loans should be regulated more heavily, in the sense of making them comply with NORMAL rules for loans - collateral, expectation of payment, default rates, bankruptcy, etc. Many of the places giving loans would shut down ASAP if they had to show WHY they expected someone with C grades in high school to pass an RN program, or why they think loaning someone $100K for feminist studies was a good idea.
And if former students could get rid of their debt using standard bankruptcy, then many loan agencies would again shut down.
Once the money spigot was turned off, all universities would have to become realistic about their cost structure.
“Most of the leftists I know hate Kaplan University and University of Phoenix and any other place that is not a haven for leftist thought. Sounds like Hussein is paying back his base.”
The online places have to be watched because some are simply diploma mills to drive up the earnings of public school teachers; under their work rules they get thousands upon thousands in pay increases for additional degrees (regardless of need or subject matter), and some schools and teachers have been caught in the scam. The teachers do no real course work, receive the degree and accompanying wage increases, and happily part with thousands of dollars (a fraction of their first year’s raise) for the “diploma”...