Scenario After a two-year investigation of for-profit colleges, the Senate Committee on Health Education, Labor, and Pensions, chaired by Senator Tom Harkin (D.lowa)issued a 2012 report-For Profit Higher Education: The Failure to Safeguard the Federal Investment and Ensure Student Success-that criticized almost every aspect of the booming for-profit college industry. The study includes statistics and anecdotes directly from internal documents of the 30 companies probed, including The Apollo Group, which runs the giant University of Phoenix, Education Management Corp., the Washington Post Company, and Kaplan Higher Education. Shares in those companies slid after the release of the report. According to the report taxpayers spent 32 billion on for-profit colleges in the last year, but the majority of students left without a degree. The median time from start to quitting; just four months. Ninety-six percent of students who went to for-profit colleges took out loans, compared to just 13% of community college students and 48% of students in four-year public colleges said the report. Though the for-profit college sector accounts for about 13% of college enrollment in the U.S , it comprises nearly half the loan defaults. Senator Harkin said, "In this report, you will find overwhelming documentation of exorbitant tuition, aggressive recruiting practices, abysmal student outcomes, taxpayer dollars spent on marketing and pocketed as profit, and regulatory evasion and manipulation." The APSCU, the main trade group for the industry.said the report "twists the facts to fit a narrative, proving that this is nothing more than continued political attacks on private sector colleges and universities." Which of the following was a core issue outlined in the report? A. Students prefer for -profit institutions because they are more affordable than traditional colleges and universities. B. Students enrolled in for-profit institutions are nearly half of total college enrollments but only 13% of loan defaults, and the majority drop out after only four months without completing their degree. C. Students enrolled in for-profit institutions are 13% of total college enrollments but nearly half of loan defaults, and the majority drop out after only four months without completing their degree. D. Students enrolled in for-profit institutions are 13% of total college enrollments but nearly half of loan defaults. However, the majority of the students complete their degrees within one year. E. Students enrolled in for-profit institutions are nearly half of total college enrollments but only 13% of loan defaults. However, the majority of the students go on to their degree.