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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: TruthConquers

So what?

What do you think government borrowing, getting short and long term bonds are? They are taxes, bills presented to the young, collected upon a new, younger generation.

Today’s adults spend, and the young pay for today’s spending when they grow up, only it is collected at the point of a gun, or a IRS exam.


61 posted on 03/30/2011 4:18:00 AM PDT by Leisler (Our debts are someone's profit. Follow the money, the vig.....)
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To: TheDingoAteMyBaby

I hate to say but she probably makes as much in sales as she would as a graphic designer.


62 posted on 03/30/2011 4:23:37 AM PDT by ViLaLuz (2 Chronicles 7:14)
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To: hinckley buzzard; Lmo56

Yes there is a big difference. The for profit schools are more ethical and spend less time indoctrinating the students with leftist ideas.


63 posted on 03/30/2011 4:30:14 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: TheDingoAteMyBaby
Non-profit colleges and universities leave graduates with mountains of debt and no jobs.
64 posted on 03/30/2011 4:36:19 AM PDT by wintertime
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To: TheDingoAteMyBaby

Please note that the New York Times owns a large number of these for profit schools.


65 posted on 03/30/2011 5:10:08 AM PDT by Incorrigible (If I lead, follow me; If I pause, push me; If I retreat, kill me.)
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To: SoCal Pubbie

Exactly you’ll have to hire ‘one’.. People get jobs playing the Piano all the time but if you really want to make a living with it you better go to a school with a great reputation!


66 posted on 03/30/2011 5:40:49 AM PDT by N3WBI3 (Ah, arrogance and stupidity all in the same package. How efficient of you. -- Londo Mollari)
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To: leaning conservative

Honestly were I a hiring manager I would take a HS diploma from a top 100 HS in WNY over a degree from one of these rubber stamp programs in a heart beat.


67 posted on 03/30/2011 5:45:49 AM PDT by N3WBI3 (Ah, arrogance and stupidity all in the same package. How efficient of you. -- Londo Mollari)
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To: Richard Kimball
"By comparison, the rate for private nonprofit colleges and universities was 8 percent. For public institutions, it was 11 percent"

"For-profits enroll about 11 percent of all college students but account for about 45 percent of all student loan defaults."

I need more numbers here. With 90% of the student population and a default rate of around 10%, it looks like traditional colleges put out many more student-loan defaulters than just the 55% the article says.

68 posted on 03/30/2011 6:04:14 AM PDT by VanShuyten ("a shadow...draped nobly in the folds of a gorgeous eloquence.")
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To: roadcat
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.

But, then they wouldn't have a fancy diploma to frame and hang on their wall. < /sarc>

No, I agree with you. There are a lot of tradesmen that make a good living and own their own business. We have a neighbor who has his own electrical business, and he has several employees. He is always busy.

69 posted on 03/30/2011 6:55:55 AM PDT by Arrowhead1952 (TX and MI - When the going gets tough, the dims run and hide.)
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To: TheDingoAteMyBaby
People are to trusting.

Always assume the other guy is out to screw you, and act accordingly. You will not be able to protect yourself 100%, but if you ask yourself “What is this guy getting out of it, and what do I get out of it?” you can limit your losses.

70 posted on 03/30/2011 7:27:38 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: TruthConquers

It has to. Not everyone, not even the majority, need a college degree. To say otherwise is to be ignorant of history and of people in general.


71 posted on 03/30/2011 8:07:22 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: PA Engineer

I’ve heard these individuals say that when they see a for-profit school on a resume, they toss it out.


72 posted on 03/30/2011 8:11:32 AM PDT by TheDingoAteMyBaby
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To: EBH
Anecdotal information only, but my wife worked for a couple of for profit Trade and Technical Schools and I teach at a community college.

My wife was dismissed from teaching at the for profits. They gave different reasons, but both times it was after a confrontation where she refused to alter her attendance records. In these instances, students had not met the attendance requirements to maintain their loans for the next semester.

I have personal knowledge of three for profits. One was semi-legitimate. The other two were strictly there to get the loan money. In one instance, the principles, after losing their ability to get federal loans for students, dissolved the corporation and reformed within three months as a new corporation with a clean record.

The typical student in the for profits was in their twenties, poor high school records, generally minor run ins with the law (marijuana or public intoxication type stuff) often a single mom, maybe not too bright but there were exceptions, and looking for a chance to get into a semi-skilled trade. Some of them had no intention of paying back the loans, but were attending school strictly to get the money (housing and food allowances were part of the loan package.) Their viewpoint was that they didn't have any money or any credit rating, they were never going to have them, and they already had a ton of defaulted loans. So, they attended school for a few semesters, sort of, and that money was the equivalent of a welfare check. Not all for profits are rip offs, but they are pretty much unregulated and there are a bunch of con artists out there.

73 posted on 03/30/2011 8:41:01 AM PDT by Richard Kimball (Proud member of the Keepers Of Odd Knowledge (KOOK))
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To: N3WBI3
I'm a little guy. Nike, Apple, Microsoft, Ford, GM, TBWA\Chiat\Day etc employ hundreds. Right now MEGA Brands, Van Deusen & Levitt Associates, Avanti Press, Winntech, Mattel, Frog Design, Rubbermaid and others are hiring graphic designers right now.

You do know that virtually every TV commercial, movie title sequence, print ad, magazine layout, website, display, billboard, menu, product package, label, book cover, etc is deigned by a graphic designer, right? Hardy a useless degree.

74 posted on 03/30/2011 9:09:12 AM PDT by SoCal Pubbie
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To: iowamark

It was stated the other way around.

A young man, when he was seventeen, HIS mom takes out a student loan. Many years later, AFTER mom is DEAD, the IRS attaches his refund for the student loan of the mom.

I do not remember the Freepers name.

And the GOVERNMENT has taken over ALL student loans.
How do you know what there standards are?


75 posted on 03/30/2011 10:20:34 AM PDT by TruthConquers ( Delendae sunt publicae scholae)
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To: WeatherGuy

bingo!


76 posted on 03/30/2011 10:24:34 AM PDT by bvw
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To: Leisler

Generational indentured servitude is nothing to be proud of.

Those who say “so what” sound to me like those who have been bought off by the phony politicians and their lies.

Believing lies has consequences. They do hurt.


77 posted on 03/30/2011 10:26:18 AM PDT by TruthConquers ( Delendae sunt publicae scholae)
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To: moehoward

Please see post #75 for clarification.


78 posted on 03/30/2011 10:31:09 AM PDT by TruthConquers ( Delendae sunt publicae scholae)
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To: pepsionice
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.

Last I checked, 18 was an adult. Let her pay her own damn way. We don't need to be nanny-state to the kids at that age. They should be ON THEIR OWN.

79 posted on 03/30/2011 10:45:51 AM PDT by Soothesayer9
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To: N3WBI3
Honestly were I a hiring manager I would take a HS diploma from a top 100 HS in WNY over a degree from one of these rubber stamp programs in a heart beat.

And you dont think those 100 top hs students are going to college? :)

They will work for you for six months making whatever pennies you pay and then realize they are better off going and quit on you.

80 posted on 03/30/2011 10:52:22 AM PDT by Soothesayer9
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