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No. of Recommendations: 8
It looks like the best time to kick a man is when YOU'RE down!

http://www.reuters.com/article/2011/07/21/useducation-idUSL3...

Rightfully so, in my humble, UF College of Law, opinion, the Association of Private Sector Colleges and Universities is suing the Dept. of Ed. to stop the roll out of the new "gainful employment" regulations.

I haven't read the complaint yet, but on it's face, the regulations has always seemed unfair to me given the fact that non-profit and state sponsored universities don't have to comply with these same regulations.

The dirty little secret is that many universities and community colleges have graduation and loan pay-back rates that would make for-profit colleges look like saints. In addition, it's much easier to keep working and earning an income while taking course online than it is to go to a physical college.

Anyway, that's enough for my rant in defense of for-profit education (a/k/a Freedom). If you're curious, play around with these databases and I think you'll be amazed:

http://federalstudentaid.ed.gov/datacenter/cohort.html
http://www.collegeresults.org/

Cheers,

Andy Louis-Charles (TMFAloha)
http://my.fool.com/profile/TMFAloha/info.aspx
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