Some may think that Johns Hotpants University or Stanford & Son are the big jokes in Stephen Colbert’s list of fake colleges, but no, it is Arizona State University that’s the joke.
Fake colleges and fake college degrees are not the problem, the problem are all the very real online and private community colleges that operate primarily through a high pressure sales force which not only puts millions of kids in a lifetime of debt, but are subsidized by the VA and Federal loans.