Kevin Carey Why Do You Think They Re Called For-Profit Colleges

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In his article “Why Do You Think They’re Called For-Profit Colleges?” Kevin Carey offers harsh criticisms of for-profit colleges by claiming that they are directly to blame for the disproportionately high quantity of debt that their postgraduate students acquire. His primary reasoning for such is that for-profit colleges are charging more for their degrees than they are actually worth. He himself writes, “for-profits charge much more than public colleges and universities. Many of their students come from moderate- and low-income backgrounds… The sooner [these] abusive colleges are prevented from loading students with crushing debt in exchange from low-value degrees, the better” (Carey 218-19). In making this comment, Carey suggests that if

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