I have often referred to President Obama as the young people’s president, much like Bernie Sanders. Obama is not afraid to make fun of himself as we have seen through his skits on SNL and various late night talk shows. I have been a supporter of President Obama for a while now and will admittedly be very upset to see him go, no matter who replaces him. Not to mention my wish that Michelle had decided to run for president. But that is beside the point here. Many Americans are unaware of just how much President Obama has accomplished in his eight years in office. There is one accomplishment in particular that I want to bring to the younger audience’s attention. For-profit colleges are higher education educational institutions operated by private, profit seeking businesses. According to Politico.com, “Reining in the multibillion-dollar industry has been the administration’s goal for most of President Barack Obama’s term in office, fueled by complaints that for-profit colleges lure students with misleading promises, then saddle them with debts they can’t pay back despite their newly granted degrees.” A few popular “for profit” colleges include: ECPI University, Everest College, Full Sail University, and Strayer University. Most of these colleges have probably crossed your television screen or flooded your car through dozens of radio ads. According to the “gainful employment” rule colleges are to track their graduates’ performances in the workforce and eventually will cut off funding for career training programs that fall short. This is why you may have seen specific colleges stop offering certain degrees. Department of Education officials say, “For-profit colleges enroll just 11 percent of students nationally, yet account for 44 percent of federal student loan defaults.” We can sit here and bash these for-profit schools left and right but the truth is that they do have some benefit. We all have to admit that four year colleges are expensive and for most, “main-stream” work skills are obtainable through a simple associate’s degree. According to Forbes.com the average graduate who took out loans for school left with over $37,000 in debt. Most people don’t even make that in a starting salary. These schools do provide education to those who cannot afford a higher level institution and most walk away with an education given to them by teachers who are just as qualified as others. The National Center for Education Statistics reported that just 12 percent of students enrolled in a certificate program would have had access to a similar program at a non-profit institution where they lived. We have to thank President Obama for cracking down on the for-profit college industry and making sure that we all have access to a fair, affordable education through fair practices. We have to make sure that we don’t let these types of schools rob students who are only trying to obtain a degree that will help them advance in life. Most of these types of schools offer online alternatives which is excellent for parents who are trying to change their career path. You can make your own schedule and achieve your desired degree while working or taking care of a family. For profit schools get their money from businesses or accreditation agencies. One such agency has been under fire for quite a while now. The Accrediting Council for Independent Colleges and Schools – known as A.C.I.C.S. – is one of many different agencies in charge of holding independent schools to specific standards. Before schools can accept students with financial aid they must have a seal of approval from one of these such agencies. According to The New York Times a letter from the Educational Department said that A.C.I.C.S. was out of compliance with regulations in 21 areas. The letter states that the group’s “track record does not inspire confidence that it can address all of the problems effectively.” What angers most is that this agency is responsible for approving and overseeing around 240 institutions that received more than $4.7 billion from taxpayers last year alone. Those in charge of this agency have said that they will work on a “self-improvement plan.” Senator Elizabeth Warren of Massachusetts was one of three Democratic senators who introduced a piece of legislation, at the end of September, to establish standards related to loans, graduation, retention, earnings and job placements, and require accreditors to respond more quickly to investigations and lawsuits. “Accrediting agencies are supposed to make sure students get good educations and ensure colleges aren’t cheating students while sucking down taxpayer money,” said Senator Warren, “But right now the accreditation system is broken.” Is this something that a future president will be able to or willing to fix? For future generations, I certainly hope so.