Marketplace for Monday, July 30, 2012
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Apple and Samsung go to court today over a patent dispute, but before the jury makes a decision, wonky tech legalese will have to be translated into layman's terms. Cash-strapped local governments may have found a creative way to create affordable housing: convince homeowners to rent out basements, garages and spare rooms. The U.S. Postal Service's impending default on pension payments has some employees worried about their retirement benefits. Thousands in China this weekend violently protested the building of a new pipeline. A Senate committee released a new report today criticizing the quality of instruction and spending practices at for-profit colleges. And commentator Mark Bittman has a solution for those worried about climate change.
Posted In: Education, for profit colleges
A report issued by U.S. Sen. Thomas Harkin describes the explosive growth of for-profit colleges, from trade schools to online universities, fueled by federal loans to students who, more often than not, drop out.
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