The most significant shift in higher education over the past two
decades has been the emergence of for-profit colleges and
universities. These online and storefront institutions lure
students with promises of fast degrees and "guaranteed" job
placement, but what they deliver is often something quite
different. In this provocative history of for-profit higher
education, historian and educational researcher A. J. Angulo tells
the remarkable and often sordid story of these "diploma mills,"
which target low-income and nontraditional students while scooping
up a disproportionate amount of federal student aid. Tapping into a
little-known history with big implications, Angulo takes readers on
a lively journey that begins with the apprenticeship system of
colonial America and ends with today's politically savvy $35
billion multinational for-profit industry. He traces the
transformation of nineteenth-century reading and writing schools
into "commercial" and "business" colleges, explores the early
twentieth century's move toward professionalization and
progressivism, and explains why the GI Bill prompted a surge of new
for-profit institutions. He also shows how well-founded concerns
about profit-seeking in higher education have evolved over the
centuries and argues that financial gaming and maneuvering by these
institutions threatens to destabilize the entire federal student
aid program. This is the first sweeping narrative history to
explain why for-profits have mattered to students, taxpayers,
lawmakers, and the many others who have viewed higher education as
part of the American dream. Diploma Mills speaks to today's
concerns by shedding light on unmistakable conflicts of interest
long associated with this scandal-plagued class of colleges and
universities.
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