Justifying the High Price of Education | News, Sports, Jobs
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With the debate raging over the merits of forgiving some federal student loan debt, one thing is clear. The quality and usefulness of the education you receive at many colleges and universities in the United States is simply not worth the price.
Perhaps that’s why there’s been less of a fuss about the full federal student loan forgiveness that I got to attend Westwood University between 2002 and 2015.
According to the Department of Education, the action will eliminate $1.5 billion in federal student loans for 79,000 borrowers who attended for-profit colleges that are now defunct.
Westwood College closed in 2016 after years of exaggerating the prospects of getting a good job after graduation. The school also claimed to help graduates pay their bills if they didn’t get a job within six months of graduating.
One example of a lie told was that those who enrolled in an Illinois school’s criminal justice program could expect a job with a law enforcement agency, such as the Illinois Police Department, but the school did not meet the employment requirements of that agency. I was not certified to meet it.
“Westwood operated on a culture of false promises, lies and manipulation to profit from student debt that burdened borrowers ever since Westwood closed.” said James Coebar, under the Secretary of Education.
fine. It’s a simple matter. But what about all other higher education institutions? Do these institutions greatly exaggerate their value to graduates who want fulfilling and relevant jobs with high paying and career potential?
When a college education becomes so expensive that it requires the kind of money that many are desperate for loan forgiveness, it will help provide graduates with the financial means to pay back their loans as promised. Shouldn’t education be provided?
Officials at the U.S. Department of Education have contacted the Private Education Association, which acts as an accrediting agency for all colleges and universities selling what they do to students who feel forced into debt to pursue their ambitions. You may want to take it.
Higher education institutions must provide inspiring, relevant and useful training (and exposure to new fields, ideas and people) without burdening graduates for decades to come.
If accrediting bodies are not asking universities to provide it, the federal government seems to want to change its approach to the issue.
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