By J. DeVoy
For several years, this blog has been shrieking about the utter worthlessness of higher education — or at least that its purported benefits are oversold. Finally, the mainstream media has begun to notice. Tuesday’s Frontline episode, College Inc., was no exception.
The upshot: For-profit colleges enroll 10% of all students. Yet they receive 25% of all Federal aid – subsidized by you, the taxpayer – and their graduates are responsible for 44% of all student loan defaults.
This issue is creeping into the legal academy as well. Florida Coastal Law School – which curiously promotes “tradition” on its website despite being in existence only since 1996 – is owned by the for-profit InfiLaw group, which establishes law schools across the country. Realistically, these schools do not offer their students the prospects they envision. We at the Legal Satyricon come from all walks of life and education, and we’re not playing the elitism card here — just calling it as we see it.
