Economy

Low-Income Students Attend For-Profit Colleges At Four Times The Rate Of Other Students

CREDIT:

According to a study by the Institute for Higher Education Policy “in the last 10 years, low-income students have increasingly being drawn to proprietary colleges and now attend at four times the rate of other students.” The study finds that students “whose total household income is near or below the federal poverty level are likely to be overrepresented at for-profit institutions and underrepresented at public and private nonprofit four-year institutions.” As we’ve documented, many of these subprime schools make up to 90 percent of their revenue from the federal government, yet leave their students crippled with debt and with bleak job prospects. Several of the schools have been charged with using illegal recruiting practices aimed at low-income students.