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Thursday, December 9, 2010

postheadericon Empty promises: Many for-profit colleges lead students into debt with no diploma (Sen. Tom Harkin)

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For-profit colleges have seen explosive growth in recent years. Top executives had been rewarded handsomely, and shareholders have received great dividends. But for students at for-profit colleges, it has been a very different story. Despite enticing promises of a diploma followed by a good job, the majority of students withdraw without graduating, with few employment prospects, and in most cases a load of debt that could follow them the rest of their lives.

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