More on the Encouraging Decline of Fake Colleges
Hamilton Nolan · 10/25/12 10:20AM
It's been evident for more than a year now that "for profit colleges"—which is to say, "shitty colleges which exist only to make money and which run a lot of advertisements and which you would never ever recommend to a true friend"—are on the decline, after years of virtually minting money. Enrollment is down across the board. Last week, the University of Phoenix announced it's shutting down half of its physical locations. Could this be... real progress?