From Charlene Crowell of the Center for Responsible Lending:
"A new report released by the Center for Responsible Lending (CRL) analyzes how for-profit students who sought educational training to improve their lives wound up in worse financial circumstances after enrollment. For-profit colleges were found to be twin traps of poor outcomes and costly debts that together often lead to loan defaults."
"Debt and Disillusionment: Stories of Former For-Profit College Students, shares the stories of these former students as told in a nine-part focus group series. During these sessions, the former students candidly reflect upon their decisions, experiences, and ways to keep going at this thing called life."
"Against this backdrop, several participants noted the frequent commercials that initially sparked their interest. Meet Eric, who learned of the University of Phoenix from a commercial he saw on television."
“I remember this one commercial, I would always see, there was this chief of police from Cincinnati: ‘I’m James Craig, I’m a Phoenix’, and that always stuck in my head.”
https://seattlemedium.com/profit-college-students-share-sagas-debt-disillusionment/