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Johnny2X2X

(22,242 posts)
6. Great News
Tue Sep 6, 2016, 12:23 PM
Sep 2016

Obama's new rules they are applying to these schools are shutting them down.Millions have been taken by these schools, the government needs to start seizing the assets of the schools and their shareholders so they can pay the student loans off for the students.

As I've said before, I spent a summer working for ITT in the early 90s in their job placement office. None of their grads were getting jobs, a year after graduation only 1 out of 95 grads in the program I was helping had a job in their field. 1 out of 95!!!

And I worked in the same room with their recruiters. These guys were cutthroat hard core salespeople. I saw them brow beating kids and their parents into signing, I saw them bully, I saw them guilt kids and their folks, I saw them flat out lie. And they had a profile of kids to target, they were looking for kids whose parents weren't college grads, kids who didn't do so great in high school, kids whose parents didn't make a lot of money. It was a science and once they got these families on campus there was nothing that was going to stop them from getting signatures. "It's all paid for, just sign here." "We guarantee you a high paying job after you graduate, sign here." "We'll help with housing and food, everything is all taken care of, sign here." Even today after dozens of stories on TV and in print, people still have no clue how devious these places are. They pay their actual teaching staff next to nothing, and they're worth next to nothing because they probably are in no way qualified to teach at the college level. The sales force, the admins, and the execs pocket all of it. The facilities are cheap, the equipment is ancient, and the technology is way past stale. You'll find a more moral group at any used car lot in the city.

And once you are in the program, they couldn't care less about students graduating. They'd frequently push kids to switch programs so they could continue to max out their student loans. They actually preferred kids didn't graduate, less questions that way because the students would then just blame themselves. People have no idea how evil these people are, just pure predators.

Recommendations

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That's awesome, they have been a sad joke in the IT realm for years Tarc Sep 2016 #1
Add Trump university to the list malaise Sep 2016 #2
Are all for-profit colleges scams? former9thward Sep 2016 #5
I think there are still some decent ones - usually for specific trades/training salin Sep 2016 #7
While I hate the Trump U rip off - it was tiny tater tots to the scope and vileness of these salin Sep 2016 #22
A fate they so richly deserved. What a vile & evil entity that should have been long put down. GOLGO 13 Sep 2016 #3
Excellent! PersonNumber503602 Sep 2016 #4
agreed. Also I hope some find their way to more affordable and higher quality community colleges salin Sep 2016 #8
Great News Johnny2X2X Sep 2016 #6
I read an account from a former local administrator that the school would constantly salin Sep 2016 #9
It's horrendous behavior Johnny2X2X Sep 2016 #10
David Halperin wrote a very detailed book salin Sep 2016 #11
I read some of this last night Johnny2X2X Sep 2016 #12
I am right there with you! salin Sep 2016 #15
They've left thousands of former students in the lurch, with thousands of dollars in debt. LongTomH Sep 2016 #13
Spoke with a Dean at a local college salin Sep 2016 #14
This makes me sick Johnny2X2X Sep 2016 #18
I stumbled onto Halperin's work and book about 2 yrs ago salin Sep 2016 #21
Damage was already done Johnny2X2X Sep 2016 #16
now they need to go after the Medicare back / knee brace people Skittles Sep 2016 #17
who knows maybe some of the scams overlap. salin Sep 2016 #19
Sucks for the students and teachers, but fuck these for profit leeches. Initech Sep 2016 #20
...and plenty more ready to turn turtle the same way. But the WaPo made millions. Eleanors38 Sep 2016 #23
What does that tell us? Graham held on to Kaplan U but sold the WaPo salin Sep 2016 #24
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