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For-Profit Schools: Key to Minority Students’ Economic Mobility

For-Profit Schools: Key to Minority Students’ Economic Mobility

NEWSMAX

Horace Cooper
February 18, 2022
Over the next several weeks, the Department of Education will consider implementing new regulations and requirements that will single out proprietary or “for-profit” colleges.
These sweeping new regulatory changes will drastically alter the ability of the students admitted to these schools to access federal funds, and consequently will unfairly affect hundreds of thousands of students.
These students — Black, white, and brown — will be adversely impacted only because they rely on career colleges and proprietary schools as their primary education choice and Blacks most of all.
This targeted attack takes direct aim at the for-profit schools that many minorities rely on for specialized training and school flexibility.
Access to this type of workforce training —learning skills they’ve chosen after considering alternatives — is essential to communities of color and their future work opportunities.
Shutting these schools down has long been a priority for the far left, but closing these schools via regulatory fiat rather than with a vote by Congress makes little sense economically, both for the country at large, and for the prospects of meaningful job growth in minority neighborhoods around the country and is moreover undemocratic.
The data tells the story. The Federal Reserve Board (FRB) has reported that Black and Hispanic students are three times more likely than white students to choose proprietary or career colleges.
People of color are more than half the students at career and proprietary schools nationwide, even though they make up 43% of the total US population in 2020.
In fact, at 245 for profit schools, minorities make up more than 90% of students.
Closing any of these schools would be devastating for their future educational choices.
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