Gee–let me guess: unscrupulous people will be more interested in profits than in serving the public? And, the jobs that private corporations create will be vastly inferior to their government job counterparts? Here’s what happens at a lot of private, for-profit universities (via Susie at Suburban Guerrilla), which amazingly enough are much more interested in talking the students into huge loans than they are in actually educating them:
In the end, [Martine ] Leveque decided to enroll. The day she came in to fill out her paperwork, she says, the recruiters rushed her through the process and discouraged her from taking the forms home to look over. They told her that she would be taking out private loans in addition to federal loans that are traditionally used to pay educational expenses, but did not explain what the terms of those [$29,000 worth of] loans would be. “They just kept telling me that ‘we’re with you,’ and that they would try to get me the maximum amount of federal loans allowed,” she says. Only later did she learn that those private loans—which made up two-thirds of her “financial aid” package—carried double-digit interest rates and other onerous terms.
To make matters worse, the program did not come close to delivering on the promises that had been made. The instructors had little recent medical experience. Instead of really teaching, she says, they usually just read textbooks aloud in class and sometimes offered students the answers on tests ahead of time. On the rare occasions when Leveque and her class were given time in the lab, she found that the equipment was broken down and shoddy—except for the expensive new mannequin, which no one knew how to use. Instead of the promised rotations at UCLA Medical Center, her clinical training consisted of helping pass out pills at a nursing home. . . . Continue Reading »