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    "For-profit colleges have faced federal and state investigations in recent years for their aggressive recruiting tactics –– accusations that come as no surprise to author Tressie McMillan Cottom," NPR reports. "Cottom worked as an enrollment officer at two different for-profit colleges, but quit because she felt uncomfortable selling students an education they couldn't afford. Her new book, Lower Ed, argues that for-profit colleges exploit racial, gender and economic inequality. Cottom tells Fresh Air's Terry Gross that for-profit institutions tend to focus their recruiting on students who qualify for the maximum amount of student aid. 'That happens to be the poorest among us,' she says. 'And because of how our society is set up, the poorest among us tend to be women and people of color.' Though for-profit colleges hold out the promise of a better future, Cottom notes that the credentials they offer tend to be 30 to 40 percent more expensive than the same credentials from a nonprofit public institution. What's more, she says, students at for-profit institutions often drop out before completing their degree, which means many students are left mired in debt and with credits that are not easily transferable. 'The system that we've come to rely on to increase access to higher education to the most vulnerable among us really only compounds their poverty and their risk factors,' Cottom says. 'That's the exact opposite of what higher education is supposed to do.'" NASFAA's "Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.
    6 years ago by @prophe
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