For-Profit Colleges A Scam?

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For-Profit Colleges A Scam?

Monday, July 18th, 2011 – running time 05:08

Politicians bowed to pressure from for-profit colleges resulting in weak regulations on the industry at the expense of students who are increasingly defaulting on their loans. Ana Kasparian and Richard Eskow of Campaign For America's Future discuss.

Ever heard of the University of Phoenix and founder John Sterling? TYT discusses why these "For-Profit" colleges are a scam that hurts college students attending these type of colleges and why the American taxpayers are paying for this.

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