Anyone who has watched television, particularly during weekday hours, or who has taken public transportation, is familiar with the advertisements of for-profit colleges. The University of Phoenix – most of its students are actually online – ITT Technical Institute, DeVry University and others offer salvation to the unemployed or frustrated, those trying to get out of debt and those trying to change careers. Some former students, journalists and advocates, though, say that some of the colleges treat students as cash machines, saddling them with expensive loans and failing to deliver on their educational promises. Read full article…