This is an audio cast of the Frontline segment, a subprime education broadcast September

13th on PBS.

The correspondent is Martin Smith.

Tonight on Frontline, education in America.

For-profit colleges and allegations of fraud and predatory behavior, they were targeting

the most vulnerable and desperate people.

Frontline investigates the rise and fall of this once booming industry.

You have termed these students that are signing up for these courses as subprime borrowers.

Yeah, that's a fair characterization of the types of students that are being served.

Coming up next, a subprime education.

Frontline is made possible by contributions to your PBS station from viewers like you.

Thank you.

And by the Corporation for Public Broadcasting.

Major support for Frontline is provided by the John D. and Catherine T. MacArthur Foundation,

committed to building more just, verdant, and peaceful world.

More information is available at Macfound.org.

Additional support is provided by the Park Foundation, dedicated to heightening public

awareness of critical issues.

The John and Helen Glesner Family Trust, supporting trustworthy journalism that informs and

inspires the Wincoat Foundation.

And by the Frontline Journalism Fund, with major support from John and Joanne Higgler,

additional support from Laura DeBonus and Chris and Lisa Canib.

...