The deceptive practices of for-profit colleges

Posted on March 21st, 2013

For-profit college and universities are operated by privately owned, tax-paying organizations. They operate to make money, and profits may be returned to their investors, owners and shareholders.

Schools that operate for-profit have recently come under fire for deceptive recruiting practices and low educational standards.  In the video below, ABC News investigates for-profit colleges accused of misleading prospective students about job prospects post-graduation.

Iowa Senator Tom Harkins also conducted a comprehensive investigation into for-profit colleges. He discovered deceptive recruiting practices, high tuition costs, dismal graduation and job placement rates, and a lack of transferability of credits earned through the colleges.

A healthy degree of skepticism is needed when evaluating any college’s claims about its students success post-graduation. However, when it comes to for-profit colleges, it’s important to remember they may not have your best interests at heart.

Navigating through different colleges’ claims and trying to assess their value can be a difficult and frustrating process. If need help deciding the best school in which to invest your time and money, we can offer guidance. Tweet us @cfgcollege, fill out our contact form, or give us a call at 1-888-234-3907.

Category: Financial Aid

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