Subprime Education

Video: A Subprime Education (Frontline PBS) Transcript: Please answer the following questions to the best of your ability. 1. What is your opinion of private, for-profit education companies? Are they a good choice for students seeking higher education? Explain why or why not. 2. How do federal grants and loans benefit both students and for-profit schools? Is this is a wise use of tax dollars, especially considering the industry’s high levels of default? 3. Why do you think many graduates find it difficult to repay student loans? What level of responsibility should for-profit schools that arrange for these loans have? What recourse would you suggest for students who received bogus degrees, despite owing thousands in student loan debt? Explain. 4. For-profit colleges’ have been criticized for their high-pressure recruitment and enrollment practices. What do you think about them?