Re: [Phys-L] Private schools

[Hugh Haskell <haskellh@verizon.net>]

At 10:04 AM -0700 7/9/12, John Denker wrote:
> You don't need to be an MBA and/or a rocket scientist to see how this plays
> out.  The non-selective schools will go bankrupt.
Unless they can figure out a way to push to the head of the line at 
the public trough, or even better, to shift the costs to the 
students. Enter the student loan system, a la, the for profit 
universities. The student loans have been a cash cow for the 
for-profit post-secondary community, and to milk it for all it's 
worth, they have become almost totally non-selective, and they live 
on federally-funded student loans.

I would guess it won't be long before they will figure out a way to 
move that program into the high schools and perhaps even lower. Can 
you imagine a 16year-old HS dropout with a $20,000 student loan debt, 
underwritten by the fed. gov't? I'm sure there are private-sector 
"educators" out there salivating over the prospect.

Hugh

--
Hugh Haskell
mailto:hugh@ieer.org
mailto:haskellh@verizon.net

I have been wondering for a long time why some of our own defense 
officials do not
put more emphasis on finding a good substitute for oil and worry less 
about where
more oil is to come from.  Our people are ingenious. New discoveries 
are all around
us, and when we have to make them, we nearly always do.

						Eleanor Roosevelt
						February 13, 1948