Avoiding Disaster for Low-Income Students(online.wsj.com)
online.wsj.com
Avoiding Disaster for Low-Income Students
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http://online.wsj.com/article_email/SB10001424052748703583404576079781835777552-lMyQjAxMTAxMDEwNjExNDYyWj.html
While he does have a point the problem is that private for profits advertise based on a potential future of employment while typically ignoring the amount of work required to complete a program.
Beyond that, degrees from for profits are likely to be less valuable to individuals due to preconceptions about students from such institutions.