Archive for June 8th, 2016

The Quality Crisis at America’s Private, Non-Profit Colleges

June 8th, 2016

Megan John & Tamara Hiler & Lanae Erickson Hatalsky, Third Way and RealClearEd


Associated Press

There are more than a thousand four-year private, non-profit colleges in the United States. They enroll approximately 2.7 million students each year, with roughly 1.7 million full-time students taking out student loans to finance their education.1 In 2013-2014 alone, more than 1.1 million Pell Grants were awarded to recipients attending these institutions, adding up to a total of $4.5 billion federal tax dollars.2 These four-year institutions promise to educate and graduate young men and women and prepare them to succeed in the working world. We rely on these schools to be mobility engines for low and middle income people. And from one perspective, that assumption is right—today, the unemployment rate for college graduates stands at 2.6% compared to 5.4% for those with only a…

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