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E-mail Home > Blogs > Get on the Bus > Archives > 2010 > August > 03 > Entry
Senate to hear about for-profit recruiting practices
The Chronicle of Higher Education had an interesting story (subscription required) Monday on for-profit colleges using recruiters to sign up students as the Senate prepares to hold hearings this week about the practice.
Chronicle writer Kelly Field reported for-profit recruiters salaries are largely dependent on the number of students they get through the door and some can make up as much as $120,000 annually. The U.S. Department of Education is considering an “incentive compensation” rule that would tighten a 20-year-old ban on commissions for recruiters, Field reported.
I reported Monday how recent state legislation and federal rules could drastically change the way for-profit schools operate. State Rep. Clayton Luckie has legislation pending that would require schools to give students more information about accreditation. The U.S. Department of Education has released 14 new rules aimed largely at beefing up regulations of the for-profit industry that receives much of its profits from federally-backed student loans.
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