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For-Profit College Analyst Says 'Subprime' Students Are To Blame

Source: huffingtonpost. Posted By: Cat B...3353 days ago

A Wells Fargo stock analyst, who boosts for-profit colleges while frequently overlooking their abuses, lays the blame for one particularly predatory college's high failure rate at the feet of low-income students, or, as he calls them, "subprime" students.

Summarizing a presentation by Corinthian Colleges, which has one of the worst records of serving students of any for-profit college, analyst Trace Urdan wrote that "essentially all of Corinthian's borrowers can be characterized as sub-prime."....

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