Business Failures
There have been failures of for-profit schools, including Business Computer Technology Institute (BCTI) and Court Reporting Institute (CRI). These two schools allegedly violated numerous federal statutes, were funded mainly from federal and state loans and grants given to attending students, and then closed, abandoning many of their students.
Read more about this topic: For-profit Education
Famous quotes containing the words business and/or failures:
“A mere literary man is a dull man; a man who is solely a man of business is a selfish man; but when literature and commerce are united, they make a respectable man.”
—Samuel Johnson (1709–1784)
“If tragedy elicits our compassion, comedy appeals to our self-interest. The former confronts life’s failures with noble fortitude, the latter seeks to circumvent them with shrewd nonchalance. The one leaves us momentarily in a mood of resignation, the other in a condition of euphoria.”
—Harry Levin (b. 1912)