For-Profit Colleges

For-profit colleges like the University of Phoenix and ITT Technical Institute promise flexible degree programs and guaranteed career placement, but they’ve recently come under government scrutiny for misleading applicants about career prospects and encouraging them to lie on financial aid forms. Dan Golden, of Bloomberg News and author of The Price of Admission: How America's Ruling Class Buys Its Way into Elite Colleges -- and Who Gets Left Outside the Gates joins us, along with Vicente Lechuga, an education professor at Texas A&M, and David Bozeman, who received a criminal justice degree from Everest College, another for-profit institution, discuss what these institutions offer students and how they compare to their non-profit counterparts.