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That 2011 guidance enabled the emergence over the last decade of an entire industry of companies known as online program management firms, or OPMs. “We must carefully weigh students’ interests against the interests of taxpayers and institutions,” Mitchell said.
The proposed reforms will remove banks from the equation and return financialaidadministration to public institutions, as the US did under Obama’s 2011 reforms to federal student loans.
The Fall of the Faculty: The Rise of the All Administrative University and Why It Matters Gleason, Philip. The Road Ahead for America's Colleges & Universities. Oxford University Press. Armstrong, E. and Hamilton, L. Paying for the Party: How College Maintains Inequality. Harvard University Press. and Roksa, J. Baldwin, Davarian (2021).
Doing all of that at a time when the Biden administration, to its great credit, is working diligently to hold predatory schools accountable would be risky. Department of Education to investigate Keiser’s schools, which have received billions in taxpayer-funded studentfinancialaid.
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