Steve Gunderson, President & CEO of Career Education Colleges & Universities, issued the following statement:
On behalf of the nation’s 2,700 postsecondary career colleges and universities we are deeply disappointed that the Democrat proposal continues the ideological war against our sector using old issues, and old data as the basis for their proposal. Today’s sector is not defined by Corinthian and ITT, and public policy should not be defined by the past.
Recognizing the call for outcomes and accountability, today’s postsecondary career education sector has better completion rates, and far better placement rates than those sectors of higher education awarded in the Democrat proposal. Our two-year and less schools, which comprise over three quarters of the institutions in this sector, have graduation rates more than two times better than the 2-year public sector schools. When one combines instruction and student service expenditures, we make a larger financial commitment to the total success of our students than any other sector.