For-profitColleges
Rule #1 of College: Avoid for-profit colleges
4:45PM 3/04/2010
Over the past 10 years, for-profit colleges -- which are different from private colleges, most of which are operated as non-profits -- have tripled their enrollment to 1.4 million, with annual revenue of $26 billion.
Leading for-profit colleges include the University of Phoenix, Devry, The Art...
The for-profit college student loan nightmare
2:30PM 10/29/2009
Over at Washington Monthly, Stephen Burd takes an extended look at one of the biggest -- and least reported on -- financial crises facing young people: unethical for-profit college foisting massive debt loads on their students. These debt loads often carry exorbitant interest rates and lack any...
Out of work and looking to retrain? Avoid for-profit technical colleges
10:00AM 4/27/2009
Economy, Credit, Careers, college finance, Economizer, Personal Finance
The New York Times reports that many laid-off, right-sized, downsized and fired workers are looking to technical colleges and other training programs to develop new skills that will, they hope, lead to long-term job security.The Times piece mentions 25-year old Jonathan Beam, who enrolled in a...
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