Thread: For-profit education & gainful employment:

There really shoyuld be some minimal standards for a college degree as witha high school degree. It is a real problem. Banks benefit for processing and the "schools" make cash and pump students who probably arent college material through the mill. Another question is what do we do to recreate oppurtinities for a middle or at least lower middle class life for those who just arent smart enough to gain advaned learning? If we undo much of the safety net like food stamps/rent aid etc what happens to them? Has there ever been a free society with a substantial underclass that is truly impoverished?

What is the long term effects of Higher Education Institutes being run like this?
Does this not dilute the qualifications of all who attend and possibly effect future long term decision making?

The Times - Leading Article.

Academic Deficit

Questionable dealings threaten the LSE’s credibility

Professor Sir Karl Popper, the great philosopher, argued that knowledge, science and freedom all depend upon the ability to distinguish between an open society and its enemies. The London School of Economics and Political Science, where Popper taught, has shown itself incapable of making this distinction. Or of understanding its importance.

In the modular courses offered by the LSE, the ability to understand that the Gaddafi family was running a murderous dictatorship should have been taught in the first week of political science, history, and moral philosophy classes. Sadly the LSE confined its consideration of the Libyan regime to its accountancy classes.

Since The Times began to report on the large donation that the LSE received from the Gaddafi family and the PhD conferred on the Colonel’s son, Sir Howard Davies, the Director of the LSE, has shown emotional intelligence. Yet an apologetic shrug in response to our reporting and last week’s leading article are not good enough. No one in the institution appears quite to have grasped just how serious the revelations are. For they go beyond a question of taste, beyond the aesthetics of associating with an unsavoury regime.

It should be a proud boast that you have obtained a PhD in political science from the LSE. This, after all, is the institution that hosted Friedrich von Hayek as he wrote The Road to Serfdom and Michael Oakeshott as he worked on his great essay “Rationalism in Politics”. But it is now also the institution that hosted Saif Gaddafi as he provided the academic world with the benefit of his insights upon civil society and human rights.

Being lectured on liberty by Mr Gaddafi might at least have provided the amusement attendant upon originality, were it not for the suggestion that sections of his doctoral thesis appear familiar and that certain interviews were not conducted by him. Shortly after accepting this work, the LSE accepted a large sum of Gaddafi money. This raises the issue of whether the LSE maintained its standards when a donation was in prospect.

The same question of academic integrity is raised by the fact that LSE staff recently produced an article on the Jasmine revolution which argued that Libya was less likely to have a revolution because it had “more pronounced tribalism” giving Libyans a stake in society. This while their unit was financed with Gaddafi money.

There is, of course, an alternative explanation for the LSE’s conduct. But it is hardly a more encouraging one. It is that the LSE’s involvement with the Gaddafi family was not the result of a donation, but rather its cause. Mr Gaddafi chose the LSE because it “understood” him. But this would suggest that the LSE employs senior academics who are posing as experts in political science while, in fact, being grossly ignorant about it.

Lord Giddens, the former director of the LSE, is renowned for his theory of structuration, an attempt to reconcile theoretical dichotomies of social systems. Or something. All very well, but it would be nice if this giant was also able to tell that the Gaddafi family was not very nice. This seems like an entry level requirement. He visited Libya recently and concluded that Colonel Gaddafi was “impressive” and “genuinely popular”. How much does the LSE propose to charge students to be taught by staff such as this? Or such as Professor David Held, whose faith in Mr Gaddafi would be touching were people not dying as a result of the faith placed in Saif as a reformer.

There is a political dimension to this, too, as both these Professors, and other LSE figures, have long been influential in Labour circles.

The LSE is one of the most prestigious British institutions in the world. It has stood for truth, understanding and freedom. All this is now in question. The challenge facing the leadership of the LSE could scarcely be more serious

Originally Posted by mister unknown

Ahh yes, I should have been more specific. The recent controversy in the US is only related to for-profit "colleges", I'm not aware of similar widespread problems with high schools. & that's what I actually wanted to focus on.

Just one other small suggestion: when you start a thread, instead of posting just the url of the article, quote the relevant part or all of the article in the post with the url at the end. Good topic.

For profit schools have been a problem in the US for years, especially trade and technical schools. Many of them have gotten in trouble for their loan processing activities, because, as you know, the Federal government underwrites loans to students to cover tuition costs. Many of these schools would not exist were it not for student loans. As for the quality of the education offered by these schools, some are better than others and some are complete rip offs.

Strayer is a good example of a well run for-profit school; it was for many years a secretarial school, but as secretaries with shorthand became less in demand, it branched out to become an accredited university. Strayer University - Wikipedia, the free encyclopedia

But your question has a moral element: Is it right for schools to profit? I'd say, if they deliver the goods at a reasonable price, it's ok. If they scrimp on the goods just to insure a net profit, not ok. In the middle, schools that are willing to break even to avoid reducing the quality of the product in bad times, are also ok in my book.

Originally Posted by JAD_333

For profit schools have been a problem in the US for years, especially trade and technical schools.

I've read a real lot recently about how many of them operate and they may manage to avoid the letter of the law in how they process the loans. They are still Boiler room predatory institutions designed to profit off loans they convince uninformed, non college material students into taking with false claims of career oppurtunities, earnings potential and job placement. Graduates don't have the skills they really need just the loan payments and the job placement is useless. Where I live they run pretty substantial media campaigns and you cant go anywhere in a city w/o seeing their brochures and all of them promise the skills for great careers. I'd be surprised if 25 percent of their overhead wasnt TV and radio in the tri state. Maybe a partial fix would be to limit advertising to a fixxed percentage of expenses to qualify for student loans. If they didnt need the ad blitz to maintain profitability they wouldnt do it.