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Competition works.
Could it be that the colleges and universities offer the ultimate
example of "school choice".
State Universities Brace for Another Brutal Year //// With dwindling
support from recession-battered state governments, many schools are
bracing for more cost-cutting and steep tuition hikes
Graduates of another for-profit school -- a college nursing program
in California -- tell FRONTLINE that they received their diplomas
without ever setting foot in a hospital. Graduates at other
for-profit schools report being unable to find a job, or make their
student loan payments, because their degree was perceived to be of
little worth by prospective employers. One woman who enrolled in a
for-profit doctorate program in Dallas later learned that the school
never acquired the proper accreditation she would need to get the job
she trained for. She is now sinking in over $200,000 in student
debt.