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For-profit colleges leave many with debt but no jobs
Tampa Bay Online ^ | March 27, 2011 | LINDSAY PETERSON

Posted on 03/29/2011 9:46:30 PM PDT by TheDingoAteMyBaby

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To: N3WBI3
I've worked as a graphic artist for 16 years and even with all the experience I have, most places I've applied to won't even let me in the door without that piece of paper in hand.

I was tempted to go to a for profit school to get a degree, but getting a degree for graphics just isn't worth it at this point, not for what they charge. I am currently enrolled in a cheaper (50.00 a credit) school and glad I did it that way.
I'll finally get my degree for 10% of the cost it would have if I'd have gone with ITT or any school like that.

41 posted on 03/30/2011 12:13:49 AM PDT by StayoutdaBushesWay (Every man dies, but not every man really lives.)
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To: TruthConquers
"Apparently, death does not discharge the obligation."

Unless you have sufficient assets to warrant a probate. the debt does die with you. It's SOP for bottom feeder debt collectors to illegally threaten family members for payment after the debtor dies.

42 posted on 03/30/2011 12:23:42 AM PDT by moehoward
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To: TheDingoAteMyBaby

They would have been better off getting a loan to buy tools, and learn a blue-collar trade. Machinists, plumbers etc. make some serious bucks.


43 posted on 03/30/2011 1:02:08 AM PDT by roadcat
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To: roadcat
Agree. People with the correct tools and the knowledge to use them will always have a better shot at making money.

As for college I'll just add this;

I used to work for a TV station in a major market many years ago. There were appox. 15 engineers in this place making anywhere from $25-$35 1970's dollars depending on seniority, experience, etc.

My recollection is that maybe 5 of them had anything that resembled a traditional 4 year degree (in electronics. One was a music major!). The rest were either military trained, for - Profit educated (ITT, IVY Tech, correspondence schools, etc) or in some cases got their skills from electronics hobbies they had in their teens.

One came in brand new and fresh faced from an ITT program and proceeded to shoot to the top of the pile simply because he had computer training when such people could not be had.

44 posted on 03/30/2011 2:35:17 AM PDT by M.K. Borders (All I require of my government is the liberty my Grandfathers were born to.)
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To: napscoordinator

I work with a guy....retired Air Force. His 18-year old daughter came up and not only was she attending full-college but she was going the next state over, thus triggering out-of-state tuition ($25.5k a year just for tuition alone). He argued on both fronts...attend community college and attend within their state. He lost the argument via his wife.

The daughter and wife both believed that the community college effort takes away from the full effort and gives you a lesser education (community colleges are run by professors who aren’t as good as the full-up college was their argument). Plus there were these various classes which community colleges typically don’t carry compared to a full-up four-year university.

So my associate packed up and moved himself and the daughter to the next state...fifty miles from the house he owns, and he works & lives right there where the daughter is attending college. He has saved on various joint expenses and has some control over his daughter in the first year of this episode, so she’s not out partying.

I tend to believe as a minimum...a kid ought to attend the first year at a community college. What you tend to see is that a quarter of all kids going to a full-up four-year school....will mostly party and get drunk throughout the first year, and then get mostly F’s, then exit and never return to college, period. Using the local community college and making them live at home, you have some ability to monitor them and ensure they don’t do stupid things.


45 posted on 03/30/2011 2:47:05 AM PDT by pepsionice
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To: bone52
"The law-school scam is far bigger than anything these for-profits could dream of...and lies by nearly everyone of the law schools about salary and employment percentage."

Those schools just consider that part of the curriculum. Techniques for post-grad application.

46 posted on 03/30/2011 3:06:21 AM PDT by Tainan (Cogito Ergo Conservitus.)
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To: TheDingoAteMyBaby

WPIX NY did a report this AM on the Obozo visit to Harlem. The street, to say the least, was ugly. Signs proclaiming the non war to be more or less BS etc. And a 22 yr old male person of color with a BA degree who is FURIOUS at the president for the fact that he can “only get work in a stockroom”. I think the president is in more trouble than his sycophants in the media can get him out of.


47 posted on 03/30/2011 3:26:48 AM PDT by TalBlack ( Evil doesn't have a day job.)
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To: N3WBI3

The town where I teach has a small Historically Black college. Almost all of the teacher assistants at my school graduated from there & they got such a horrible education that they can’t pass the National Teacher Exam; which is why they are an assisatnt making nothing.

About 2 years ago many of these people began starting BA & masters degrees at several of these places. Unfortunately they do not have the skills to really even have a high school degree; let alone an advanced degree. Several of the older, savvier at scams people talk about how they have no intention of paying off their loans.

It is both pathetic ( for the people who don’t have the skills & are doing this) & disgusting( for the people using the system & recycling papers others have written)................it’s such a scam, you have no idea.


48 posted on 03/30/2011 3:31:54 AM PDT by leaning conservative (snow coming, school cancelled, yayyyyyyyyy!!!!!!!!!!!)
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To: N3WBI3

The town where I teach has a small Historically Black college. Almost all of the teacher assistants at my school graduated from there & they got such a horrible education that they can’t pass the National Teacher Exam; which is why they are an assisatnt making nothing.

About 2 years ago many of these people began starting BA & masters degrees at several of these places. Unfortunately they do not have the skills to really even have a high school degree; let alone an advanced degree. Several of the older, savvier at scams people talk about how they have no intention of paying off their loans.

It is both pathetic ( for the people who don’t have the skills & are doing this) & disgusting( for the people using the system & recycling papers others have written)................it’s such a scam, you have no idea.


49 posted on 03/30/2011 3:34:45 AM PDT by leaning conservative (snow coming, school cancelled, yayyyyyyyyy!!!!!!!!!!!)
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To: leaning conservative

Sorry for the double post!


50 posted on 03/30/2011 3:36:06 AM PDT by leaning conservative (snow coming, school cancelled, yayyyyyyyyy!!!!!!!!!!!)
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To: Lmo56

I agree. There do seem to be some abuses in the for-profit industry, but these days most “education” is way over-priced and over-promised.


51 posted on 03/30/2011 3:44:12 AM PDT by fightinJAG (I am sick of people adding comments to titles in the title box. Thank you.)
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To: TruthConquers
It is already a fact that most college grads go back home to live, with 80% of them without a job. So, the loan default it higher with the “private for profit schools”?

You raise a good point. In fact it was one I was thinking about as I read the article. How many of these students are older? Meaning they are trying to feed the family and keep a roof over their heads...while attending these types of colleges. They may not have Mom & Dad to fall back on and their default rate would naturally be higher.

Verses those young college grads who move home...and can't find the job. They are paying their loans, but don't have to worry as much about food, rent, etc.

I would think one needs to look at the overall circumstances a bit closer before concluding the "for profit" schools are all scams.

52 posted on 03/30/2011 3:45:51 AM PDT by EBH ( Whether you eat your bread or see it vanish into a looter's stomach, is an absolute.)
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To: sjmjax

Yep.


53 posted on 03/30/2011 3:46:18 AM PDT by fightinJAG (I am sick of people adding comments to titles in the title box. Thank you.)
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To: TruthConquers
College is a government backed bubble. It is going to burst.

Yes, the days of "going off to college" and sitting there for 4-6 years are soon going to be over.

54 posted on 03/30/2011 3:47:35 AM PDT by fightinJAG (I am sick of people adding comments to titles in the title box. Thank you.)
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To: TalBlack

I think maybe the Republicans need to put a black man (West or other) in one of the ticket positions in 2012 in order to give the blacks an alternative to Obama.


55 posted on 03/30/2011 3:57:41 AM PDT by Twinkie (WHERE'S ALL OF OBAMA'S RECORDS?)
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To: TheDingoAteMyBaby

It’s really pretty simple. Wherever government money goes, prices go up, quality goes down and those with bad intentions congregate.

There was an article posted on FR a week or so ago about how many students enrolling in these diploma mills were actually homeless.


56 posted on 03/30/2011 4:07:00 AM PDT by IamConservative (Liberalism - the surety of knowing that which cannot be proven.)
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To: WeatherGuy

Democrat schools( government collages ) are having trouble filling classes and harvesting more fedgov money, via ‘school loans’ will help keep the Democrat Academic Class ponzi class going. So, shutting down privated, rip off ‘schools’, will drive their sheeple customers into the government schools, along with those ‘student’s’ loan money.

( It’s about the money )


57 posted on 03/30/2011 4:10:34 AM PDT by Leisler (Our debts are someone's profit. Follow the money, the vig.....)
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To: Lmo56

I think one difference is that “for-profit” schools (especially those whose programs are questionable enough that they aren’t accredited) have a big financial incentive to sign up students who simply aren’t college material.


58 posted on 03/30/2011 4:13:45 AM PDT by Alberta's Child ("If you touch my junk, I'm gonna have you arrested.")
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To: BobL

Wrong.

Almost all trades, plumbing, mechanics, electrical( high and low ) use private school graduates. Truck drivers.

So for the productive working class( that get taxed to finance Queer Fem Black Psych degrees, Law degrees ) the private schools, other then the military and some unions is the way to go.


59 posted on 03/30/2011 4:13:49 AM PDT by Leisler (Our debts are someone's profit. Follow the money, the vig.....)
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To: StayoutdaBushesWay
most places I've applied to won't even let me in the door without that piece of paper in hand

And there's the rub! We can fuss all we want about how worthless a degree is, but without it, you won't get an interview, or a job in many industries.

60 posted on 03/30/2011 4:16:30 AM PDT by dawn53
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