Home > Work > Lower Ed: The Troubling Rise of For-Profit Colleges in the New Economy
1 " When people talk about for-profit colleges, they often do so with a lot of disdain. If traditional colleges that take in a fraction of willing students every year annoy you, then you might be disdainful of their "prestige cartel." If you are concerned about vulnerable people making expensive educational decisions with little education, then you might disdain the "predatory" for-profit schools. If you think that a strong work ethic can trump all manner of troubles, you might disdain the "weak" people who go to a "predatory" school. What is interesting to me is how much disdain is spread among students and schools and how little disdain there is for labor markets. "
― Tressie McMillan Cottom , Lower Ed: The Troubling Rise of For-Profit Colleges in the New Economy
2 " In one sense, it seems obvious why credentials matter. Median weekly earnings for full-time workers with a master’s degree are $1,380, while someone with only a high school diploma can expect to earn just under $700/week. "