Blog

11/2014

‘Moving on up’ Like George and Weezy Jefferson: A College Degree and the American Dream

The blog was originally posted on The Equity Line

 

If you work hard and follow the rules, you too can “move on up” from a working class neighborhood in Queens to a deluxe apartment in the skyline of Manhattan’s Eastside, just like The Jeffersons.

At least that’s how the story goes.

But findings from a new report show that story is unlikely

Student Stories: The Devastating Impact of Some For-Profits

The post and video below are from CNNMoney

Students across the country are shelling out tens of thousands of dollars for degrees that end up being completely worthless.

Students of Color Need a Strong Gainful Rule, According to New Analysis

It is a well-known fact that many for-profit colleges fail to live up to their end of the deal with students. These for-profits lure students into enrolling with the promise of landing a high-paying job after they graduate. But come graduation — or for the many who leave without finishing — all a lot of students are left with is a mountain of debt. Oftentimes for-profits’ primary interest is to bring in the federal financial aid dollars students receive — like those from Pell Grants, federal student loan dollars, and veterans benefits — while educating students becomes secondary or worse. This is particularly worrisome for African American and Latino students who make up 21 percent of total postsecondary enrollment, yet they represent 41 percent of students at for-profit institutions.