One possibility that the government must consider is accreditation, due to the difficulty and unavailability of transferring credits from a for-profit institution to a traditional college. To consider this properly, one must have an understanding of how accreditation works. The Best Schools, an organization that helps students find schools that meet their wants and needs, provides some information about the value of different types of accreditation, and the accrediting services that have these powers. “The USDE and CHEA (Council for Higher Education Accreditation) are responsible for validating whether an accreditation agency itself is competent and credible.” (“Accreditation of Colleges and Universities”). Of these two organizations, the United …show more content…
For-profit schools have many other problems, many having to do with the amount of federal aid provided at their schools, and their recruitment practices. Scams and scandals such as these also cause problems in for-profit institutions. Therefore, this legislation cannot solve the entirety of for-profit education. As well, by forcing a policy of only regional accreditation, the effects will also reach those private and public colleges that lack regional accreditation. Though these effects are true, they are insufficient to impede the changing of the accreditation system. By changing the accreditation standards, the legislation will simplify problems such as credit transfers and reliability among different colleges, and graduates of for-profit colleges will be able to easily use the skills they learned. Though it may not solve other problems, it will beneficial when compared to the status quo. Additionally, these requirements will affect non-for-profit universities that lack regional accreditation in a positive way. By forcing regional accreditation, the policy will encourage these colleges to advance their courses and programs, allowing for heightened advantages for their students as …show more content…
In The Future of Our Children, it notes for-profit college being, “...disproportionately older (65 percent are twenty-five or older), African American (22 percent)...also enroll a more disadvantaged group of beginning undergraduates than do other postsecondary schools... also enroll many part-time and returning students.” (Deming et al. 139). Considering the students that for-profit colleges serve, it can easily be understood that a crackdown on for-profit colleges would be catastrophic to their students. Stories similar to that of Corinthian Colleges would be commonplace. These students need career colleges to advance positions in the workforce and earn better jobs, as community colleges simply aren't enough for all these students. Initially, this will exacerbate low rates of minorities and low-income families entering post-secondary education. However, for-profit schools that meet requirements will still be available to serve these students, and over time, the degrees that they earn will be worth more than they are worth in the present. In fact, present for-profit degrees that lack regional accreditation simply are not worth as much, and may be more trouble than the gains they will provide their graduates. In the long run, tightening accreditation laws will benefit
On the other hand, I believe that parents and the students are the one that will create the new standards for colleges to be chosen. Why do I think this way and disagree with Kevin Carey? I disagree with him because business, whether for profit or non-profit, will not change a marketing strategy if they see it is working. Colleges will only change if they see that consumers are changing. Yes, colleges will try to distract consumers with amenities. But, if consumers look for the information they need colleges will give it to them. The reason this works is because students will go to a college that will supply them with their demands, the law of supply and
Accreditation has always been a lengthy problematic process for HBCUs. It is hard to imagine how a college would display without being accredited. There are many rumors saying that Alabama Agricultural and Mechanical University lost their credibility back in 2013. That is a serious thing to loose. Most people do not know what it mean to lose credibility. When a school loose accreditation that mean the college or university is force to close its doors. This is because the school will no longer be eligible to receive federal and state financial aid. 98.9 schools significant source come from federal funding. It's not illegal for a school to operate without institutional accreditation but no students would like to attend one of those colleges. There are numerous reasons that could cause a school to lose accreditation, not all of which necessarily mean the school is poorly educating students. Since the passage in 1952 of the Readjustment Assistance Act accreditation has been tied to federal financial aid. Unaccredited institutions are not eligible to award federal and state student aid which are veterans’ benefits, loans, and different grants that the state offer. Most of the students could not attend college without these
The Higher Education Act of 1965 a law which was intended to build the educational resources for colleges and universities and to provide financial aid for students in any educational system after high school. It expanded federal funds given to universities, created , gave low-interest loans for students, and created scholarships.According to sites.edu.gov(1).Any historically black college or university that was established prior to 1964, whose principal mission was, and is, the education of black Americans, and that is accredited by a nationally recognized accrediting agency or association determined by the Secretary,of education, to be a reliable authority as to the quality of training offered or is, according to such an agency or association, making reasonable progress toward
Andrew Hacker and Claudia Dreifus report in their essay “Are Colleges Worth the Price of Admission?” what is expected from universities in exchange of their high costs. Currently, the price of education has duplicated its cost in comparison to the last generation (Hacker and Dreifus 179). Making a huge investment and getting poor results are the reasons what make parents and students hesitate before choosing a college. Hacker and Dreifus emphasize that colleges that are doing well their job share factors that make worth paying high tuition fees. These factors include: close relationships between professors and students, an adequate use of technology, and access to scholarships or part time jobs to make education affordable. Considering the
Making the decision to further one’s education can be a difficult one, especially when he or she has been out of school for many years. For-profit schools have become a convenient way to return to the classroom; however, one must take a long look at the price per course compared to non-profit schools. Knowing for-profit schools are there to make money and cost more, students are still willing to pay the high price. Some take out excessive loans and “Students leave for-profit colleges with higher levels of debt than students from the other types of institutions” (Deming, Goldin, and Katz 140). These institutions are clearly thriving in this modern day, are students getting what they paid for?
Since the 1980’s the cost of attending colleges have increased rapidly. Rising costs of for Medicare, highways and prisons have caused many states to reduce a percentage of their budget for higher education. Colleges and Universities currently face a very serious challenge:
While federal-aid helps people like Clifford in their desire to make a fortune, colleges and universities are prevented from receiving what could help achieve their desire to provide valuable education to their students. Although Carey proceeds to advocate his view that for-profits have their place in the market, the benefits—accessibility, speedy degrees, etc.—do not come close to
With the growing amount of students attending college, many more people would obtain a degree. While this may seem like a benefit to the American citizens, the consequences pertaining to a raise in college degrees earned by citizens would significantly lessen the positive effects of it. If American citizens obtaining a community college degree becomes commonplace, it would lessen the value of the degree overall. A community college degree may be viewed in a similar manner as high school degrees. With several thousand people having access to a community college degree, the requirements of jobs that currently require an associate degree would likely increase as well. The need for a bachelor’s degree, or even a master’s degree, would rise with the familiar nature of degrees from a community college. A growing amount of degrees’ causes the degrees to be valued less than
We all wish that we could have a free education and not have to worry about getting loans and paying money back on time. The idea of having free community college sounds great because as adults we would be able to avoid spending more money for our education and we can also help ourselves and safe money as we go on and earning our bachelors or masters degree. In the Article “ Students, experts pick apart the pros and cons of the proposal meant to speed up degrees” by Joanne Jacobs it exhibits different point of views from different education leaders and point of why they think community college should and shouldn’t be free to everyone. In this article we are able to get a better understanding on how free college would affect everyone including
President Obama’s free community college plan would lead to a decrease in the quality of the community college degree. A political publisher and radio show host, Liz Harrison from Townhall contends “Perception of the value of education is affected at least a little by how much it costs. Just as the high school diploma has been devalued, community college degrees would suffer the same fate” (Harrison para. 5). The price of an education has been shown to be tied to the value of the degree, and free community college would lead to an inflation of degrees as there’s no entry price. Making community college free, would result in the same thing that happened to high school degrees, they become worthless. Free community college would make the associates
Public colleges must be affordable to anyone who wishes to attend. If colleges lack to provide this to students, it can affect dropouts, a student’s ability focus, and cause stress. The problem of lack of funding is that colleges have insufficient funds. Therefore, the best possible solution for the problem of lack of funding would be increasing and collecting more funds from state taxes. Collecting funds from the state’s taxes is an effective solution because students get more academic support programs, which decreases dropouts.
They primarily exists to enrich their investors. Investors have turned higher education into a business and have caused a huge increase of student loan debt. For-profit institutions are in business to make money for owners and shareholders by offering a service; in this case education.For-profit colleges are managed by private organizations and corporations. They were not were not common before, but now as more and more people are trying to get a higher education for-profit schools are quickly increasing their enrollment rates. In recent years the job opportunities for people that do not have a higher education have decreased and caused more people to seek a higher education in order to obtain a better employment. As more and more people attend college, the number of spots available in traditional colleges decreases. The decreased availability of traditional college education caused there to be an increase demand for for-profit
Colleges receive financial resources from the Federal, State, and local government agencies. They also have the opportunity to receive resources from trusts, endowments, fundraising, school sponsored entities, and investments made with reserves. One of the greatest threats community colleges are encountering are as a result of private institutions. According to Phelan (2014) for-profit institutions “threaten not only the current nature of community college funding streams” as well as their viability. In my experience, the cost of personnel including teachers, staff, and administrators are approximately 80% of total expenditures. If these positions are permanent, schools will not be able to reduce them, in the short term, in order to balance their
Education reform has been an ongoing debate in the United States for many years. The latest argument that many politicians, teachers and even students have debated is whether or not four-year public universities should be free. Even Barack Obama pushed for a plan that would make two-year community college free for everyone. In addition to this, Bernie Sanders has made free higher education one of his main political platforms in his presidential candidacy. According to "How America 's Colleges Could Be Tuition Free," student college debt has passed the one trillion dollar mark (collegerank.net). This number is unreasonably high. With all the hype, most people’s initial reaction would be to agree with free higher education. Knowledge and education
Education institutions need to raise funds. There are a lot of things that need to be done in order for an institute to operate. The money is collected through fees, donations, and any other means (Menon, 2011). Colleges should rely more on donations than tuition fees, the stare could help donate to colleges. “Yes, college is worth it, a four-year degree has probably never been more valuable” (Leonhardt, David). A college degree is valuable, but then why is there so much debt stuck with it. One can say it is a way of doing business but to get best education and facilities one has to provide the funds as well (Menon, 2011). In order for colleges to run they need to have their own funds, they should not be forced upon a student, or at least minimize the tuition fees. If more students are attending college, why not bring down the price for tuition if they are making more money. “The pay gap between college graduates and everyone else reached a record high last year”, according to the new data, which is based on an analysis of Labor Department statistics by the Economic Policy Institute in Washington” (Leonhardt, David). “Americans who attend a four year university and obtained a degree, made 98 percent more and hour than on average 2013 than people without a degree” (Leonhardt, David). That is great, people have really worked hard