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>> they'll find you a loan... >> it was just such an incredibly simple process. >> give you a diploma... >> we educate the students that traditional higher education has given up on. >> but what are the costs? >> i really am at a dead end, and the student loans are going to keep mounting, and mounting, and mounting. >> the danger is a kind of a fast-food-ization of higher education itself. >> this is an online university. this is what it looks like. >> correspondent martin smith investigates... >> you've been in office now for a year. what have you done to stop this? >> "college inc....

( bell rings ) >> tonight on frontline... >> it's education for profit. >> business is booming. >> are you thinking about going back to school? >> they'll find you a loan... >> it was just such an incredibly simple process. >> give you a diploma... >> we educate the students that traditional higher education has given up on. >> but what are the costs? >> i really am at a dead end, and the student loans are going to keep mounting, and mounting, and mounting. >> the danger is a kind of a fast-food-ization of higher education itself. >> this is an online university. this is what it look...

( bell rings ) >> tonight on frontline... >> it's education for profit. >> business is booming. >> are you thinking about going back to school? >> they'll find you a loan... >> it was just such an incredibly simple process. >> give you a diploma... >> we educate the students that traditional higher education has given up on. >> but what are the costs? >> i really am at a dead end, and the student loans are going to keep mounting, and mounting, and mounting. >> the danger is a kind of a fast-food-ization of higher education itself. >> this is an online university. this is what it look...