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Jens 'n' Frens |
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Also via Instapundit, John Carney asks why conservatives are supporting for-profit colleges. Professor Reynolds suggests that conservatives see the attack on for-profit colleges as "primarily an effort to defend a traditional Democratic constituency," which is probably part of it. I mostly object to singling out for-profit colleges as for-profit colleges. I don't object to tightening the requirements for a school to get federal student loans, or requiring the schools to essentially co-sign some portion of the loans their students take. This would price some poor people out of college, but a lot of them probably don't belong in college, anyway. Because for-profit schools tend to have poorer credit risks as students, they would probably be hit disproportionately by those rule changes, which is also fine. What I object to is restricting loans for for-profit schools while non-profits and state schools get a free pass. |
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