It is surprising that private schools are only realizing it now Obama doesn't like private institutions. I thought that originally the Obama administration was only to originally go after professional schools, but "programs like a bachelor's degree in journalism from Northwestern University, a law degree from George Washington University Law School, and a bachelor's degree in social work from Virginia Commonwealth University would all be penalized." From the Hill newspaper:
A group of private colleges and universities is blasting the Obama administration's effort to tackle burdensome student loan debt, because they say it would force them to turn away low-income students, and in particular, minorities.
They also charge the proposed law unfairly targets private institutions while leaving their public counterparts unscathed.
Steve Gunderson, president and CEO of the Association of Private Sector Colleges and Universities (APSCU), said the move was an "ideological declaration of war" against private schools by the Obama administration.
"Millions of prospective students — particularly working adults, minorities and people with scarce financial resources — will see their access to higher education and prospects for better employment dramatically reduced," Gunderson added. . . . .
The Obama administration says this is part of an effort to push back against schools that saddle students with unreasonably high debt only to graduate and find a low-paying job, or no job at all. . . .
But Gunderson said the new rule would provide a "perverse incentive" for private colleges and universities affected by the rule to restrict access to educational opportunities for low-income and minority students, who often depend on loans to go to college.
The private schools also say it could create divisions within a single college or university among students who will graduate into high-paying jobs and those who will not. These schools might even be forced to scrap programs that train students for initially low-paying jobs.
"Individuals interested in careers with lower starting salaries, such as communications, psychology, visual and performing arts, and social work will be barred from receiving the same federal aid as their classmates choosing more lucrative fields," Gunderson said. . . .
Labels: Obama, obamaleftwing