Ever Wondered about the Explosive Growth of For-Profit Colleges in Jax?

[Tacachale]

There's no question that some people have good experiences with for-profit colleges (or else the issue would be much easier to solve). However, the problem with them is systemic. For every one person who comes out of them with a job that pays enough to pay off their debt, there are dozens-at least-who take out loans to cover the huge tuition and then can't find a job when they graduate (or don't graduate at all), and too often they default on their debt. This happens in for-profits at an exponentially higher rate than it does at real schools. And in the case of federal financial aid, it's the taxpayers who get stuck with the bill.

I do agree that not all for-profits are equally bad, and I also believe that some of the better institutions would be able to adapt to non-profit status and improved regulations over institutional output. Some of them are moving in that direction already.

Incidentally, I also agree with Ock That there are serious problems with public higher ed in Florida. There is no clear vision or a mechanism to institute one. But I believe even that major problem would be easier to resolve if we fixed the issue of federal financial aid.