The Obama administration intensifies its war on career colleges.
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Among the reasons why students choose career colleges over “traditional” colleges is the expense. The skyrocketing cost of tuition and other school costs at traditional schools greatly exceed the rate of inflation. According to a recent report from the College Board, this year students will have to pay nearly an 8 percent increase in tuition and fees at public universities and a 4.5 percent increase at private not-for-profit colleges. Runaway school costs have been the trend for years.
Another troubling new rule taking effect is how the Ed Dept scores repayment compliance. Career college students who elect federally approved repayment options that include limited-time interest-only payments or whose payment is based on post-graduation income levels are judged to be in non-compliance.
Clearly, the Ed Dept is stacking the deck against career colleges. This may be due to the anti-corporate attitude that is prevalent throughout the Obama Administration. In retrospect, the Administration’s nationalization of the private student loan industry was clearly the first salvo.
There may also be elitism at play regarding what some may view as the pedestrian career colleges in contrast with the Ivies and other elite programs. Additionally, this may also represent payback to academia, which gave heavy political support to Obama during the 2008 campaign.
Lastly, there is good old-fashioned competition playing out between the for-profit and not-for-profit college sector. Public universities have been losing financial aid dollars to students attending career college programs.
The Ed Dept’s effort to cut off federal aid to students attending career colleges has created a backlash in the minority community. This is because career colleges enroll a larger share of minorities than do traditional schools. The National Hispanic Caucus of State Legislators has urged the department to reexamine the issue. The National Black Chamber of Commerce is firmly opposed to it. And a number of members of the Congressional Black Caucus have criticized the rule.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
Was the President done in by the economy, or by the politics of the economy?