September 3, 2014

“Back to the Future” for career colleges: What we have to do to regain credibility

Many for-profit colleges get about 90 percent of their revenue from federal financial aid. For-profit schools have 13% of U.S. students by nearly half of all student loan defaults.

In this guest post, Raul Valdes Pages addresses his colleagues in the for-profit college industry. Raul Valdes Pages was the founder and CEO of Denver Technical College, a for-profit school offering associate, bachelor and master’s programs. He also has served as CEO of Sextant Education and marketing manager and vice president at DeVry. He is
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