For-Profit College Rip-Offs

Posted by Judy Anne Cavey on May 25, 2011 in , , | 2 Comments

Lawmakers are finally cracking down on for-profit colleges accused of preying on students.

I’ve written a few blogs on this particular subject. Each time, I find the information about this subject more and more disturbing, since these colleges seem to go after the most vulnerable people. Their recruiters make promises they can’t keep, blatantly lie about being accredited, and falsify student loan information. Don’t become one of their victims!

Trade Schools

Posted by Judy Anne Cavey on Jan 17, 2011 in , , | No Comments


Students Lured Into Trade Schools and Debt

In his article in The New York Times, Peter S. Goodman stated concerns about trade schools, “One fast–growing American industry has become a conspicuous beneficiary of the recession: for–profit colleges and trade schools”.

Schools that train students for careers in areas such as health care, computers and food service, enrollments are climbing as people anxious about declining job prospects borrow aggressively to pay for tuition that can exceed $30,000 a year.

Beware of schools which promise
much, but deliver little.

More about For-Profit Colleges

Posted by Judy Anne Cavey on Jan 10, 2011 in , , | No Comments

For-profit colleges might be leading you down a path to major debt.

In an article for the Los Angeles Times, The Threat of a New Bubble from For-Profit Colleges, written by Senator Tom Harkin, D-Iowa and chairman of the Senate committee on Health, Education, Labor and pensions, paints a gloomy picture for prospective students. He zeros in on for-profit colleges, the ones that promise to graduate you into a well-paying job, once you have their certificate in hand. They also take your money and run, leaving you in major debt and without a job. How can they do this?