North America

February 27, 2013

Campus Conservatives and Progressives Unite to Raise Awareness About Student Debt Crisis

In conjunction with the College of Wooster Student Government, campus Libertarians and Socialists have united to raise awareness about the student debt crisis. This Tuesday, March 5th, Aaron Calafato will perform his one-man play, “For Profit” at the College of Wooster. This will be immediately followed by a panel discussion regarding the for-profit college industry and the student debt crisis. This event is FREE for all to attend and will be live-streamed at StudentDebtCrisis.org/ForProfit, giving the rest of the world a glimpse of the exploitation of the American college student.

For more than a year, Aaron Calafato has been performing his solo play, “For Profit” at colleges across the country. His play chronicles his experiences from when he worked as an admissions counselor at a for-profit college and details the predatory nature of this industry. Calafato originally took the position because he viewed it as a means to pay off his own student debt, while simultaneously helping others achieve their dream of attending college. However, it didn’t take long for him to realize that the school valued profit over the wellbeing of the students and he was expected to do whatever it took to enroll students. According to Calafato, “We were  pushed to treat people like numbers, if you didn’t, your job was in jeopardy. I noticed when I started performing my job duties ethically, my enrollment numbers went down.”

for profitz
The for-profit college industry has experienced increased scrutiny for valuing profits over the wellbeing of students. According to Calafato, at for-profit colleges, intense pressure is placed on admissions counselors to do just about whatever it takes to get students to enroll and apply for student loans. The more students that enroll, the more taxpayer money in the form of student aid is allocated to the school. Currently, only 10% of U.S. students attend for-profit colleges, yet these schools receive nearly 25% of all student aid and are responsible for nearly half of all student loan defaults.

Proponents of for-profit colleges often argue that these schools are able to minimize the cost for students by offering mostly online courses. In reality, according to a government investigation, full-time students attending for-profit colleges and universities pay nearly twice the amount of those attending traditional public colleges. Additionally, for-profit colleges invest more money in advertising the school than actually teaching the students. One glaring example of this includes Ashford University, a for-profit college in Iowa. According to a Senate investigation, the school invested a mere  $700 per student on instruction, compared to $2,714 on marketing per student. Additionally, Ashford charges higher tuition than the local public university, yet spends 17 times less on instructing students.

For these reasons and more, this Tuesday, March 5th, Aaron Calafato will perform his one-man play, “For Profit” at the College of Wooster which will be live-streamed at StudentDebtCrisis.org/forprofit. This creative form of expression serves as an important creative tool in educating, informing, and creating social dialogue about the growing for-profit college industry and the student debt crisis. For more information on this issue and to bring the play, For Profit to your campus, please visit StudentDebtCrisis.org or www.aaroncalafato.com.



About the Author

Kyle McCarthy
Kyle McCarthy is co-founder of the nonprofit, StudentDebtCrisis.org and is a fellow of The Backbone Campaign. For his higher education advocacy, Kyle was recently listed as one of "10 leaders fighting for student loan reform" in the United States. In addition to his work on higher education, Kyle assists small companies and nonprofits with their marketing campaigns. He received his B.S. from Mount Saint Mary's University and his M.A. from the University of San Francisco.




6 Comments


  1. Deb Shechter

    This looks great. Bravo for the initiative! Stick with it.


  2. Diana Short

    AS a Retired Financial Aid Administrator, I am happy to see that this is finally being addressed. I worked for both for profit and nonprofit institutions and I can say that the your for profit schools didn’t want student’s and their families knowing the details and amount of interest and debt that was being accuring.


  3. It’s the compounding interest on a variable, high interest rate, even while the student is still in school, that is the utmost in usury. The private banks are doing this. This abuse must be stopped! This effort is encouraging – keep it up!


  4. Thanks Kyle McCarthy and Aaron Calafato and OccupySTudentDebt.com, StudentDebtCrisis.com, Forgivestudentloandebt.com, for all you do to bring the predatory and dysfunctional practices of the Educational Bureaucracy to the forefront. It is about time the American people realized they are getting duped by Oligarchs at every level. We need major systemic reforms, in education, banking, tax and trade, and it’s high time we woke up and We The People do what is our constitutional right, and support legislators, and use the rule of law, to mandate and implement these reforms.


  5. […] young people have to incur to attend college. This is an issue that transcends party lines, and campus groups from all political spectrums have been rallying around finding solutions to the student debt […]


  6. […] 10) Campus Conservatives and Progressives Unite To Raise Awareness About Student Debt Crisis “In conjunction with the College of Wooster Student Government, campus Libertarians and Socialists have united to raise awareness about the student debt crisis. This Tuesday, March 5th, Aaron Calafato will perform his one-man play, “For Profit” at the College of Wooster. This will be immediately followed by a panel discussion regarding the for-profit college industry and the student debt crisis. This event is FREE for all to attend and will be live-streamed at StudentDebtCrisis.org/ForProfit, giving the rest of the world a glimpse of the exploitation of the American college student.” Read More… […]



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