This material was created by Campus Progress.
by Jen Kalaidis
It seems the for-profit industry—expensive colleges offering low-quality education and employing corrupt recruiting techniques—may finally be meeting its demise.
More aggressive regulations by the federal government and a growing campaign against predatory practices have resulted in steep plunges in student enrollment numbers for the multi-billion dollar industry, with many for-profit institutions seeing numbers drop by more than 45 percent, according to the Wall Street Journal.
Campus Progress has been a driving force in advocating for reform in the for-profit industry, bringing to light many of the troubling practices occurring at for-profit colleges around the country. Most disturbing is the number of students who report leaving such institutions with mounds of debt and few, if any, job prospects.