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To: The Reaper who wrote (23909)	8/20/2011 9:30:57 PM
From: Joe Smith	Respond to of 222044

I saw this great 60 Minutes segment on the For Profit Schools. Basically these incredible student loan machines. They convince people that they will be placed in jobs right after school and get money up front for their outrageous tuition. The students goes into debt and it does not matter to the school if the debt ever gets paid. It's just like the mortgage brokers who would close a loan and immediately sell it. What did they care if it ever got paid? And the government backs it all. Talk about welfare.