On 10/12/2011 2:09 PM, Jim Devine wrote:
> right. Obama's downside is that he talks about everyone going to
> college and then doesn't draw the line to exclude the for-profit
> colleges.
>

 From the latest Harper's (behind a paywall unfortunately):

Leveling the Field
What I learned from for-profit education
By Christopher R. Beha

But if for-profits have been unscrupulous, the federal government 
has remained an enthusiastic partner in their growth. In his very 
first speech before Congress as president, Barack Obama declared 
that by 2020 America would once again lead the world in the 
percentage of adults with college degrees. Obama has restated this 
intention in every major education speech he’s made since then.

About 40 percent of American adults have degrees today; Russia has 
the world’s highest rate at 54 percent. Beating Russia means 
producing an additional 40,000,000 college graduates over the next 
decade. There has been little explanation of why the bachelor’s 
degree, for most of its existence one credential among many, 
should be the default pathway to success, but again and again our 
leaders have pointed to it as an intrinsic good. “I’m absolutely 
committed,” Obama said in a speech at the University of Texas at 
Austin last August, “to making sure that here in
America nobody is denied a college education, nobody is denied a 
chance to pursue their dreams, nobody is denied a chance to make 
the most of their lives.” Obama’s target might prove impossible
to meet, but if it is going to happen it will mean educating a lot
more students at schools like Phoenix.

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