John Oliver points out the scandal of for-profit colleges

September 8, 2014 | By | Reply More

The amount of accruing student debt is incredibly distressing.   John Oliver has produced this excellent expose on the debt, the politics and the long trail of victims.

Thousands of students are running up enormous debt, especially at for-profit colleges.    Thanks to the lobbying efforts of educational institutions, student loans are not dischargeable in bankruptcy regardless of how bad the track record of the institution for actually placing students into jobs in their fields of education.

The marketing strategies of for-profits are especially reprehensible.

Excellent job of exposing this dysfunction and fraud.  Once again, we rely on comedians to do the best journalism.

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Category: American Culture, Corporatocracy, Corruption, Fraud, Politics, Quality of Life

About the Author ()

Erich Vieth is an attorney focusing on consumer law litigation and appellate practice. He is also a working musician and a writer, having founded Dangerous Intersection in 2006. Erich lives in the Shaw Neighborhood of St. Louis, Missouri, where he lives half-time with his two extraordinary daughters.

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