Private Colleges Target Community College Grads

"We have a long way to go," says Iris Palmer, a senior policy analyst at the think tank the New America Foundation. "Of course, we always wish that things like this had happened earlier," Palmer says of efforts by the private colleges to lure community college grads. "But institutions respond to the incentives they're presented with. So if the current set of incentives is what's driving them to help these students get degrees, well, at least they're doing it."