Yesterday's education at next month's prices.

College an institution that was at one point put in place for the enlightenment and advancement of mankind, has been mutated into a cash grab and degree clearing house. Where it was once meant to be a life changing learning experience, where a person finds some kind of direction. Landing a good job was just a by-product, a bonus or that something extra. But the focus has changed to just getting a better paying and fast track online learning. With online education becoming multi million dollar industry, just look at the University of Phoenix. An institution that has gained so much revenue from the fast track and online degree programs to where a Pro stadium bears their name. A college that doesn't even have an Division 1 football program, but it's name was on one of the biggest sports venues of the year and it along with other for profit online based schools were able to buy advertising time for the night of the big game. Keep in mind that a 30 second ad on average cost 4.5 million dollars and that U of P has to 154.5 million dollars over a 20 year span just to have it's name on an area. Which makes me question the government oversight of higher education in America, we now have a system in place that has people racking up debt similar to home mortgages for an education that in many ways can be inadequate in today's changing career landscape. Another thing to point is that for years these places take federal financial aid like many state run schools, but may not take many of their accredited hours when student transfers for one of these online schools. Which postures another question, if an institution must meet certain standards to receive federal aid, then why is it so hard to transfer credits? To make things clear I'm not just picking at the U of P, there are a lot of other Career Education based institutions out there. Just a few months ago Everest and ITT Tech where at the heart of their own scandals, with Everest being forced to shut down a few of it's campuses. The D.O.E. is trying to bring in more transparency by releasing reports on schools that have accreditation, program and financial reporting issues but is this too little too late? I been hearing reports that enrollment in for profit schools is starting drop, but only time will tell as more and more people weigh in on this.

 Here's that report I was speaking about:
Schools on HCM1 or HCM2
 and
Ed.gov