@YWw9toL-3mph Not need to push my opinion, the facts are a great place to start. Try reading from knowledgable sources that this mess has been exasperated by the DOE's weakening accountability of for-profits.
From the Brookings Institute -
Several recent regulatory actions by the Department of Education (DoEd) have weakened accountability systems that monitor the use of federal financial aid in higher education. The Department proposed to gut the “borrower defense” rule, which offered protections and debt relief to students who had been misled or defrauded by their institution; to rescind the Gainful Employment (GE) rules, which tied federal funding to programs’ ability to “prepare students for gainful employment in a recognized occupation”; and to weaken rules governing distance learning and online education programs and allowing educational services to be outsourced to unaccredited providers.
A strong accountability system is necessary to protect the investments federal taxpayers make in students. Too many students and too much federal aid flow to low-quality educational programs that do not lead to degrees, or lead to degrees but not good jobs, and result in students incurring substantial costs and debts that burden them for years. A substantial body of economic research shows that institutions vary considerably in their quality and value, with some programs providing little economic value to students and/or resulting in poor financial outcomes. And accountability systems are demonstrated to improve student outcomes by limiting subsidies to low-quality institutions and redirecting enrollment elsewhere.
In response to the Department of Education’s rollback of accountability regulations, several prominent economists submitted comments to the Department describing the need for and benefits of strong accountability including Sandra Black of the University of Texas; Stephanie Riegg Cellini of George Washington University; David J. Deming of the Harvard Kennedy School; Susan Dynarski of the University of Michigan; Jordan Matsudaira of Columbia University; and Jesse Rothstein of the University of California, Berkeley argued that the Department’s recent actions and a large and growing body of evidence documenting the poor employment and financial outcomes that many students experience after enrolling at unregulated programs.