This weekend’s NYT story about the questionable quality of the University of Phoenix (Nation’s Largest Private University Faces Economic, Institutional Woes via Huffington Post) might seem on the surface to be good news for traditional colleges and foes of for-profit education.
The graduation rate from the school is miserably low, especially among traditional-age students. Some of the recruitment practices are questionable.
But at least some of the concerns aired in the piece cut both ways. How could things have gotten so bad at the University of Phoenix if the current postsecondary system of regional accreditation and self-governance was effective?