Party ends at for-profit schools — from the WSJ by Melissa Korn
Excerpt:
For-profit colleges are facing a tough test: getting new students to enroll.
New-student enrollments have plunged—in some cases by more than 45%—in recent months, reflecting two factors: Companies have pulled back on aggressive recruiting practices amid criticism over their high student-loan default rates. And many would-be students are questioning the potential pay-off for degrees that can cost considerably more than what’s available at local community colleges.