Adults seeking to re-educate themselves through for-profit educational facilities may need to educate themselves about their school of choice first—before parting with any cash. Recently, there have been numerous lawsuits against career colleges, many over allegations that this high-turnover—bums in seats—market sector has a tendency to over promise and under-deliver.
Reports indicate that the for-profit education sector represents about 12 percent of higher education, and it’s growing because there’s money to be made.
For people who are looking for a new career and either don’t have several years or tens of thousands of dollars to invest in a university degree, a short program at a vocational college seems like a reasonable, sometimes preferred alternative. Many promise a fast track to success—who doesn’t want that? But if it sounds too good to be true…
Recently, a report in STLToday.com, in St. Louis, MO, revealed the plight of one unfortunate student who got caught out by the spin. Jean Lilley, of Staunton, enrolled in an 18-month medical assistant program at Sanford Brown’s Collinsville campus. She thought it would help her in reaching her goal of becoming a registered nurse. Reasonable, right? Well, Lilley apparently went almost two semesters before finding out that her credits wouldn’t transfer. So she dropped out and started at Lewis and Clark Community College. Those two semesters cost her $9,000, which she obtained through loans and financial aid, making it very difficult to obtain financing for courses at Read the rest of this entry »