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The Rise and Fall of For-Profit Schools

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41–50 of 114 posts

Re: The Rise and Fall of For-Profit Schools

#41

Earlier quoted context omitted.

Oh please, get off this idea we don't put enough money into education. We put too much, so much so that they ended up hiring people other than teachers and the carry forward costs are too high. You want to fix education in the US, the money must follow the student. Until the school systems themselves are forced to improve by having students want to attend they won't. The recent issue with testing which they said was…

It isn't a money issue. How does that money get spent? In other words, it's a governance issue. (Also, I believe, but cannot prove, it's also a scale issue. Large districts should be split up. Would give parents more choice.) A buddy was CFO for the local school district. Admin swallows half the budget. Real estate investments are poorly managed. Maintenance has been neglected. Meanwhile, teachers are underpaid, no C…

They are screwed in almost any public school system but not because of money issues.

The reason why charter schools work is because parents are often more involved in their kids education. The school simply forces it.

For instance:

Readling Log. Every day we have to write which book we read with our son and what book(s) he read.

Student corrections. The students are measured everyday from Green (no corrections) to yello (some and a warning) and red (paren't gets called)

Pick-up Parents line up and the teacher tells them how the day went and if there are things they need to improve.

Just a few of the things that are forcing parent involvement.

Re: The Rise and Fall of For-Profit Schools

#42
post #9
post #7

This is a good thing for the country; the education provided by these schools is often on par with sources like Kahn Academy and Coursera -- at a much higher price. It seemed like many for-profit colleges are simply a way for "schools" to collect federally guaranteed loans that the students then have to pay back. The student assumes all of the risk. The other side of this industry are charter schools. These are for-p…

3 is crucially important -- and the religion thing is really unimportant compared to the larger problem. Charter schools, in many states, occupy the absurd position of being able to claim that they out-perform local schools while selecting or quasi-selecting their student population and still not actually participating -- at all -- in the standardized testing that justified their existence in the first place.

Again this is simply wrong. Success Academy one of the best performing schools have a lottery so there is no way to get your kids into that school otherwise.

Also public schools in NY are zoned so you have to live the right place to get your kid into the right school.

Re: The Rise and Fall of For-Profit Schools

#43
post #11

Earlier quoted context omitted.

The whole article has a weird tone when it comes to its descriptions about for-profit colleges. It starts with "Not too long ago, for-profit colleges looked like the future of education." When was that? People that knew anything about for-profit colleges have known they were mostly ripoffs for years. What people might have thought is that online colleges were the future. Those aren't dependent on the for-profit model…

"...they were mostly ripoffs..." Maybe my experience is not the norm. I've heard a lot of bad things about schools like Phoenix and DeVry. But I went to DeVry (quite a few years ago) and got a 2-year tech diploma. They also offered a 4 year accredited BSEE at the school I attended (Arizona). It was failry challenging, a lot of people dropped out, but literally eveyone who graduated had a job offer waiting for them, s…

What a lot of people seem to forget is that there are some for profit schools that are regionally accredited. This includes DeVry.

Unfortunately all of the for profit school hate lumps them all together which makes people biased towards any for profit degree regardless of accreditation.

Re: The Rise and Fall of For-Profit Schools

#44
post #39

Earlier quoted context omitted.

It's a parent issue first of all and can be solved without more money. http://i.imgur.com/LglSapk.jpg

Part of that comic is referring to the parent but I think a great deal of it actually refers to the way teachers are treated. They are treated like garbage by parents and administrators alike. They don't get to make any decisions in the classroom, and they are screamed at or fired if anything goes wrong. Parent involvement is actually the root cause of this crisis: the wrong kind of parent involvement however, the pa…

Yes and the reason for this is that paren't "park" their kids in school and make it the responsibility of the school to not just educate their kids but to be responsible for their personal growth.

No matter what it's not a money problem. No amount of money will solve that problem. Only a shift back where parents are as responsible for their childrens education as they paren't will solve this.

Re: The Rise and Fall of For-Profit Schools

#45

Earlier quoted context omitted.

All three of those are true with public schools systems.

In the United States maybe. Elsewhere, public school systems seem to be able to deliver a high quality education at a reasonable cost to the public. In Ontario, Canada, the public spent $23.6B on education in the 2013-2014 fiscal year. That's total cost, including salaries and building maintenance and supplies and everything else that goes into running an education system. That works out to $11.7k per student per yea…

No they don't really. Same problem most places with public school system. Even a country like Denmark that spends quite a lot on education these problems exist.

Canada, Finland, Singapore and South Korea are some of the exceptions as far as I remember.

Re: The Rise and Fall of For-Profit Schools

#46
post #20

Earlier quoted context omitted.

All three of those are true with public schools systems.

No. Public schools don't get to pre-select their students and then claim to ourperform other schools because they just picked the best ones. Public schools are not faith-based. Public schools do not have enormous administrative salaries

1) Graft is common, with charter school administrators sometimes taking home ludicrous salaries ($500k+ for schools with ~1,000 students)

True for public schools.

2) Funding often comes directly from the local school district, most of which are already severely cash-strapped. The problem here is that the cost of a single student attending a school district is largely buried in fixed costs: when the state takes $6000/yr from a district and gives it to a charter school, the district's costs do not decrease by $6000. This makes school districts worse, which accelerates flight to charter / private schools.

Open enrollment causes the same issues.

3) Educational standards are different -- Also, most states offer some sort of funding incentive based on test scores -- which just encourages schools to play the numbers game by finding reasons to suspend/expel struggling students, encourage cheating on tests, etc.

True for public schools.

Re: The Rise and Fall of For-Profit Schools

#47

Honest question: what is the difference between a “for profit” school and one that ends the year with more than that it started with? If Harvard manages itself such that its endowment increases, is this not a profit? What is the practical, operational difference?

"For profit" vs "non profit" describes the ownership structure of the organization, not what happens on its financial statements. If a for profit school makes a profit, it has the option of paying out a dividend to its shareholders. If Harvard makes a profit, that profit must remaining within Harvard; there are no shareholders that the profit could be distributed to.

Re: The Rise and Fall of For-Profit Schools

#48
post #7

This is a good thing for the country; the education provided by these schools is often on par with sources like Kahn Academy and Coursera -- at a much higher price. It seemed like many for-profit colleges are simply a way for "schools" to collect federally guaranteed loans that the students then have to pay back. The student assumes all of the risk. The other side of this industry are charter schools. These are for-p…

As someone with a kid in a charter school (Success Academy) I have to disagree with the very premise for how you discuss them. Some charter schools is a response to the problem of amongst other issues, a way too strong teachers union and it's inability to develop contemporary learning environments for children. In California teachers union have in their agreement that they can't get replaced by new technology. The hi…

> Some charter schools is a response to the problem of amongst other issues, a way too strong teachers union and it's inability to develop contemporary learning environments for children.

---------------------------

What are some things that Charter schools allow teachers to do (to develop a contemporary learning environment) that teachers' unions prevent in public schools? (and not other factors like budget constraints, etc.)

Re: The Rise and Fall of For-Profit Schools

#49

Honest question: what is the difference between a “for profit” school and one that ends the year with more than that it started with? If Harvard manages itself such that its endowment increases, is this not a profit? What is the practical, operational difference?

For profit schools have shareholders/members who are privately entitled to the equity that accumulates. They generally will have to pay some form of taxes (income, capital gains, etc.) on that leftover. Non-profit institutions like Harvard have received a federal exemption from most US taxes, provided that they continue to pursue their stated purpose and jump through some hoops. No individuals are legally entitled to Harvard's endowment.

Re: The Rise and Fall of For-Profit Schools

#50
> Regulators have been cracking down on the industry’s misdeeds—most notably, lying about job-placement rates.

One of the services that my company (IntegriShield) provides is collecting these placement statistics; it is one of the less-profitable things we do, the sort of grunt work that you'd usually offload to a call center, but we insist on Doing It Right. It's a messy business: usually contact information is sparse and incorrect, and graduates mostly just let calls go to voicemail rather than give us 5 minutes of their time, possibly because they hear "we're calling you on behalf of " and think "we're calling you about your student loans" or so, which we're not.

I guess my point is, I'm totally unsurprised that less-scrupulous employees faced with that hairball just said, eh, I'll make up that I successfully contacted them, what harm could that do? -- and if that happens, you've got across-the-board confirmation bias going on, "of course our graduates land good jobs in the field."

> a 2010 undercover government investigation of fifteen for-profit colleges found that all fifteen “made deceptive or otherwise questionable statements.”

Yep, that's another service we offer: we'll call your admissions reps undercover and see if you lie to us. Then you can retrain admissions reps to scale back or remove those claims.

> For-profit colleges have capitalized on our desire to make education more inclusive.

For chrissakes, don't blame the for-profit colleges for this! They did what any company does: they stepped into a business void. Your typical for-profit might be a barber/hairstyling/cosmetology college; they don't do anything that an apprenticeship at a similar business didn't already do; they just made it their raison d'être. The business gap existed because the apprenticeship normally takes a while and can't be done by dilettantes (people who have other jobs going on in their lives).

What really happened was that the economic recession led to lots of people being laid off, and some of those people had always wanted to move into a more-artistic service industry instead. They funded this training with government-issued student loans, which unfortunately have draconian legislation on them (like they can't be discharged in bankruptcy, the government doesn't even try to audit where the money is going, etc.). Still, the people who took these loans in theory were taking an informed risk; there's been no scandal about "nobody told me how much tuition was until after I graduated;" nobody's been fleeced.

Yes, there is some chicanery about for-profit colleges making the dream seem too-good-to-be-true (especially with regard to graduate placement). Combined with aggressive marketing that encourages people to dream big, there may be a valid complaint that they're overtraining the population so that more people are qualified barbers than any city legitimately needs, so that job prospects bottom out alongside wages. But they didn't provide the dream and they didn't provide the loan, they just inserted themselves in the middle, to take the loan money and service the dream. A voice of wisdom saying "hey, are you sure you want to drop everything for this dream? You're going to be in debt for quite some time if you take this loan" would be nice but it's also supererogatory: capitalism doesn't usually breed such saints.

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