 |
         
|
Remember back in September when NBC News hosted its Education Nation summit. The summit offered prestigious publicity to its major sponsors, including the for-profit college, the University of Phoenix. Jennifer Epstein at Inside Higher Ed covered the ethical criticism of NBC News for its embrace of Phoenix from both journalists and college educators. Now comes NBC's backlash against its onetime partner. Scott Cohn previewed his CNBC documentary The Price of Admission about the looming crisis in the student loan system: "America's student debt is approaching $880bn. That is more than we owe on our credit cards. Student loan defaults have doubled in the last five years and half of those defaults are at so-called for-profit colleges, schools that operate as a business--like the University of Phoenix."
You must be logged in to this website to leave a comment. Please click here to log in so you can participate in the discussion.
