As for-profit colleges proliferate and billionaires publicly push for private charter schools to replace public education, we examine the impact on students, who now carry more debt than the housing sector. David Halperin, a senior fellow at Republic Report, discusses the taxpayer-subsidized for-profit college industry and its successful lobbying efforts. California Competes director Robert Shireman works to rein in abuses by for-profit colleges and student loan companies. He led the Obama administration’s efforts to reform student lending. USC researcher, PhD candidate at the Rossier School of Education, and Gates Millennium Scholar Constance Iloh offers a nuanced perspective on the nature of the student presence in the for-profit sector. Her research addresses privatization, access, equity, and the experiences of low-income students and students of color in higher education.