Tag: for-profit colleges

5 reasons not to attend a for-profit college

Posted on July 26th, 2016

Getting into college is exciting–receiving the envelope and imagining your future. But not all colleges are created equal.

For-profit colleges, in particular, have been criticized for being dishonest about graduate employment statistics and leaving students with lots of student debt. Some have even gone bankrupt after being fined or sued for misleading students.

To help students better understand the risks, NerdWallet and USA Today College put together a list of 5 things to consider before choosing to attend a for-profit college.

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The 3 groups struggling the most with student debt

Posted on June 11th, 2015

It’s no secret that student debt is a big issue for millions of Americans. We’re constantly hearing scary statistics about the rising amount of student loan debt (currently over $1.2 trillion) and how many borrowers are struggling to repay their loans.

But a recent study, as described in U.S. News & World Report, showed that three types of borrowers are struggling the most and accounting for a large part of the high numbers we hear associated with student debt.

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Why are so many students choosing for-profit colleges?

Posted on March 3rd, 2015

For-profit colleges have faced bad press over the last few years–and deservedly so.

They’ve been accused of predatory lending, and graduates report poor outcomes, high student debt, and difficulty finding jobs.

In spite of this, and the fact that they’re more expensive on average than both public two- and four-year colleges, they’re increasing in popularity, particularly among younger students, according to The Hechinger Report.

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