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Joseph Stiglitz: For-Profit Colleges 'Exploit Those At The Bottom'

Joseph Stiglitz is not a fan of for-profit colleges.

Stiglitz, a Nobel laureate and chief economist of the World Bank, recently took to the pages of USA Today to denounce America's widening wealth gulf, and probably to get a little bit of exposure for his new book.

In the midst of a broader indictment of the U.S. education system, Stiglitz wrote that for-profit colleges "exploit those at the bottom" of society, and that they're "better at exploitation than at delivering a valuable education."


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