Same goes for traditional colleges - so whats the diff ???
A simple rule about higher education:
If a school advertises during the Jerry Springer Show....it is not a good school.
I hate that the taxpayer has to foot the bad loans. Make the for-profit schools eat the loans...and stop the welfare program for the for-profit schools
Government schools leave the entire Nation in debt with no prospect of jobs!
All colleges are for profit these days. There is no bigger racket than higher ed. The taxpayers should not be funding any of them.
Propaganda from the democrat party’s unionized collge staff.
I swear this is true:
Hedge fund con artists are shorting for profit education while bribing democrat party hacks to issue criticism against the industry.
Reference:
That sounds like fraud.
Colleges, by and large, are a scam. You place an overworked & underpaid TA in front of a bunch of dull undergrads, while some faculty talks and talks about a topic that he has recycled from years past.
Each undergrad is worth 10’s of thousands of $$ in tuition, per year, a number the administrative staff can multiply by as many as the admissions committee allows them to. Nothing tangible is produced, at the undergraduate level.
“she is far from the graphic design job she studied for”
Ok there are somethings you can learn online UOP style and some you can not. Graphic Design, creative type courses=fail...
Besides fields like ‘graphic design’ are as useful as majoring in piano. Yes there are jobs out there but few and far between.
If I ever get bumped out of the IT space by all the out sourcers and need to ‘re-tool’ I will look into education, a heath care field, or a trade (pipe fitting)... None of them get you rich but its usually doable to find a job..
There is little doubt that these schools (like UOP) are nothing but paper factories and that, in and of itself, is a bit scummy. But it’s not illegal..
Chances are for the same amount of money this Girl could have enrolled part time in a local community college or university and gotten a better education for less.
Easy Answer: Make universities with a default rate of more than 15% over three years co-sign for loans until they fix the issue..
Let’s put UOP on the hook for taking students who have no business working toward a masters..
They write this as if this only happens with for-profit vocational colleges.
Every democrat is out there (and some republicans) talking as if college is a right, and it will solve everyones problems.
I know a lot of people that are in debt to plain old liberal arts colleges, including state ones.
The problem is our entire educational system is broken. College has been taken out of the place it should be (as a place to truly educate) into some sort of cure-all for an unhappy life.
If we got the government out of the loan guarantee business this problem would be solved.
Lenders would only lend if they had a reasonable chance of being paid back.
“Students” with poor prospects would have a hard time getting a loan. They’d have to forego their crummy college or save up to go.
“Universities” that don’t give a quality, marketable degree would rapidly fold.
So, whose the “predatory lender” now, eh> Why it’s the education industry.
So many of the schools really are scams. Drag some student in that can barely read and help them get loans and grants. When the money runs out suddenly the “student” read “mark” has failing grades and it’s out the door with no more money, no training, no job and none on the horizon.
But the debt lives on and on and on.
My nephews daughter just finished her work and had a job before she graduated, starting at about 80,000 per year and they have agreed to pay her school costs after four years. It is all in what you get that degree in.
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.
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.
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.
I hate to say but she probably makes as much in sales as she would as a graphic designer.