Despite the celebrated history of not-for-profit institutions of
higher education, today more than 2 million students are enrolled
in for-profit colleges such as ITT Technical Institute, the
University of Phoenix, and others. Yet little is known about why
for-profits have expanded so quickly and even less about how the
power and influence of this big-money industry impact individual
lives. Lower Ed, the first book to link the rapid expansion of
for-profit degrees to America's increasing inequality, reveals the
story of an industry that exploits aspirations.
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