Shut Down For-Profit Colleges? Not So Fast, a Study Suggests

None but the shrillest critics of for-profit colleges have ever proposed shutting them all down, but a new study suggests that states would have to spend a lot more money to accommodate all the displaced students in that imaginary world.

How much more? According to the analysis, some $8.4-billion over five years, and that’s just looking at the four big states of California, New York, Ohio, and Texas.

"That’s a lot of money, and it’s a lot of money that these