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Subprime Opportunity: The Unfulfilled Promise of For-Profit Colleges and Universities*
Three years after the U.S. housing market collapse, our country continues to suffer the effects of misplaced priorities and weak regulation of subprime mortgage lenders. Meanwhile, as Ed Trust’s report “Subprime Opportunity” warns, the most vulnerable Americans are being targeted by yet another set of corporations peddling access to the American dream but delivering little more than crippling debt. This time, it’s underregulated for-profit colleges.
Publication date:November 22 2010