FOR PROFIT HIGHER EDUCATION: THE FAILURE TO SAFEGUARD THE FEDERAL INVESTMENT AND ENSURE STUDENT SUCCESS PREPARED BY THE COMMITTEE ON HEALTH, EDUCATION, LABOR, AND PENSIONS UNITED STATES SENATE

A report from the Senate Health, Education, Labor, and Pensions (HELP) committee on the for-profit college industry  arrives at some dismal conclusions. (4-volume PDF here, but the summary is more digestible.) The key phrases that the Washington Post uses to summarize the findings: "most students don't graduate," "really expensive," and "you're paying for it."

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