The real problem is not just for profit universities.
State schools continue to raise costs, knowing the federal government will provide the funding.
It's state government that is reducing higher education funding. Costs are increasing for students at a higher rate than overall costs (tax funding + tuition).
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State schools continue to raise costs, knowing the federal government will provide the funding.
Regardelss, for-profit schools have a student loan default rate over five times higher than state schools.
You have to be a moron to think these schools provide any value, Trump University included.
I would also argue that the students paying $50k annually for some of these private liberal arts colleges are as equally retarded.