The intersection of technology, research, financial aid and student access in higher education

Was there is a different expectation of for-profit colleges? →

Added on by Scott Cline.

After a two-year investigation of the for-profit higher education industry, Sen. Tom Harkin (D-Iowa) on Monday unveiled an exhaustive report on the colleges’ business practices, highlighting schools that charge excessively high tuition and shortchange academic investments in order to maximize revenues.

The report is extensive and fully-developed, but did it require two years to find out that for-profit institutions are in the business of maximizing profit?