>Even in lean times, the $400 billion business of higher education is booming. Nowhere is this more true than in one of the fastest-growing -- and most controversial -- sectors of the industry: for-profit colleges and universities that cater to non-traditional students, often confer degrees over the Internet, and, along the way, successfully capture billions of federal financial aid dollars.
>Graduates of another for-profit school -- a college nursing program in California -- tell FRONTLINE that they received their diplomas without ever setting foot in a hospital. Graduates at other for-profit schools report being unable to find a job, or make their student loan payments, because their degree was perceived to be of little worth by prospective employers. One woman who enrolled in a for-profit doctorate program in Dallas later learned that the school never acquired the proper accreditation she would need to get the job she trained for. She is now sinking in over $200,000 in student debt.
People in the US should really think about why they should support this system that will burden with high costs for centuries of their lifetime when there's no guarantee today anymore to get a high paid job in the current economic situtation.
>She also provided examples of some of these allegedly dubious placements. These include:
>A Game Art and Design Bachelor’s Student (one who learns how to create video games) with 100K in student debt is working at Toys R Us in the video game department earning $8.90 an hour. I was told to “place” him as employed in his field because his work was with video games. "He needs to know the knowledge he learned to be able to help his customers decide which games to purchase."
>I had Graphic Design students working in places like Starbucks whom were expected to agree they were using their ‘skills learned’ within their employment by making signs for daily specials and menus.
>A co-worker had a Residential Planning Graduate who was working in a gas station convenience store. He was expected to convince her that she was ‘using her skills’ by arranging the displays of candy bars!