• Another privatizing boondoggle . . .
    posted by Mike McClellan at 4 August, 1:39 PM  0 
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     My son and I went on a two-week road trip that ended yesterday, 4,000 miles, three ballparks, two national parks, and a lot of blue highways.

    During that time, I was stuck with USA Today as my newspaper of choice at the motels we stayed at (though I would also buy a copy of the local paper when available — anyone that thinks the Republic is bad ought to take a look at San Francisco’s largest paper, the Chronicle — it’s awful and awfully tiny).

    In one edition of USA was a feature on the Senate report on private, for-profit colleges (you can read the article here).

    The report’s conclusions?  ”For-profit” seems more important than “college” for these schools.

    Our Republitarians love to rake Obama over the coals for Solyndra.  But the amount of money — $32 billion a year — these for-profit schools get from the government make Solyndra a bargain.

    And what do taxpayers get for that largesse going to those schools?

    Only 18% of their funding goes to instruction (public universities spend 21% on instruction); 24% on marketing; making a nice 19% profit.  Oh, and the leaders of these schools average $7.3 million a year in salary — think Michael Crow’s making anywhere close to that.

    And what do the students get from these schools?

    A 54% drop out rate.

    96% of students on loans (vs. 50% at non-profit schools).

    A loan default rate significantly higher than that of non-profit schools’ students.

    And what’s most delicious about the whole for-profit schools?

    They are almost entirely supported by . . . oh, not the private sector.

    Nope, almost entirely by us, the taxpayer.

    Which means?  We keep a failing enterprise afloat, one the conservatives like to tout as an “alternative” to traditional schools.

    But it gets better.

    Today, the paper features a column by Mark Brenner, a senior VP for the Apollo Group, which runs the University of Phoenix (you can read the column here).

    He’s more than a little bent about the Senate report, and goes about the task of “refuting” it . . . with nothing but platitudes about the efficacy of the for-profit school his company runs.

    He doesn’t dispute a single finding from the report.

    Which suggests?

    Someone’s a little nervous about the Golden Egg being cracked.


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    Bio: Mike McClellan has lived in Arizona since 1967 where he attended high school and the University of Arizona. McClellan taught high school English for 36 years, including 30 years at at Dobson High School in Mesa. He has been a contributing columnist to both the East Valley Republic editions and the East Valley Tribune.


    Website: http://azcvoices.com/politics/author/mikemcclellansblog/