The terms “Proprietary school” and “For-profit school” are legal terms to describe an institution of education that is a business and exists to turn a profit for the owners of that business. Post secondary school refers to any schooling that comes after you have completed high school or obtained your GED.
Since 1992 (when the U.S house of representatives initiated the “90-10” rule that allowed students of for profit schools to qualify for federal grant and loan money previously only available to students at non-profit schools) Proprietary post secondary schools have smilingly declared war on many of our nation’s most vulnerable citizens and it has turned out to be an extremely profitable venture for them. The vast majority of the students they enroll are only able to afford tuition by maxing out their student grants and loans and of the percentage of students that graduate the programs the career benefit to the student is minimal or non existant in relation to the crushing student debt the graduate takes on in exchange.
These businesses pretending to be schools prey upon the hopes and ambitions of a population with limited resources in order to go after a sure thing: guaranteed federal funding in the form of student grants and student loans for which their students are solely responsible for paying back. A great article on the subject can be found here:
Please visit this link:and sign this white house petition proposing our government set up strict guidelines that crack down on predatory for profit schools and please share it on facebook, twitter,tumblr and all other social media so we can reach the required 150 signatures for the petition to be made public on the www.petitions.whitehouse.gov website and hopefully gain enough traction to have the white house address the issue.Since executive orders creating legislation are rare it’s important to take a two pronged approach to this issue by alerting your elected officials urging them to support the general idea of holding for profit post secondary education institutions accountable to both the taxpayers that fund the initial payouts of Federal student aid the schools receive and the students of the for profit schools that are ultimately held responsible for paying their educational loans back.You can easily locate the email addresses of your state congress people at:http://whoismyrepresentative.com by typing in your zip code and then clicking on the names that show up in the results. If you’re pressed for time or don’t know what to write you can just send this template and sign it with your name:Dear (Your rep.’s title and name),I’m writing to inform you of the urgent need for strict guidelines to stop the predatory marketing and enrollment practices of for-profit post secondary educational schools. The vast majority of these businesses masquerading as educational institutes offer little or no career advancement benefit to their graduates(nor to the countless numbers that don’t graduate) and exist purely to turn a profit by whatever means necessary. Until someone creates a law that holds these for profit post secondary schools accountable they will continue to line their pockets with taxpayer funded student grants and loans while saddling already socio-economically vulnerable students with the sole responsibility of paying back loans that they are in no better position to pay back after graduating than they were to begin with.Please consider this letter as my request that you take action on this matter in any and every way available to you geared towards stopping the wasting of taxpayer dollars and the financial victimization of vulnerable students by creating strict guidelines for any proprietary post secondary education provider to prove they are deserving of federal student aid money.Thank you,(your name/location/email address)
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