http://www.thestreet.com/_yahoo/video/12704916/education-management-corinthian-colleges-among-for-profit-educators-facing-regulatory-issues.html
8 replies (most recent on top)
I would not want to be on the hook either after I realize that Everest is really SCHOOL and I have to work and put forth effort (despite what some say) and and that Career Services doe not just hand out jobs to those who busted their butts let alone those who just sat on theirs.
Crying "I was duped" seems like a good way to try to avoid paying back those student loans, doesn't it?
I don't think as many people are "duped" as you guys think. Who is interviewing said "duped" individuals to find out whether the issue is with what they were told vs. what they thought they already knew? When prospects ask "is Everest 'credited?" (and after deciphering whether they were asking about credits or accreditation) they are told yes, suddenly that turns into "they said my credits would transfer"...and that snowballs into them not even trying because they were "DUPED". "Let me run and tell somebody Everest duped me!" Geeze.
I used to be an instructor and you're right. I saw many of them as being duped into attending in the first place, but that made me want to make sure they got something for their money. At least for the ones that wanted to learn something and had the ability to read and comprehend.
Some people teaching for CCi feel sorry for the students and want to provide a good education to them. Some CCi graduates do get jobs and are successful.
@Do your homework, Paula. Why does anyone teach at a CCi school if they know that many of the students have been duped into going there? Wouldn't it make more sense, ethically, to teach at a community college that offers remedial education and lower tuition?
Also Paula missed some key points about CCi, such as in addition to breaching its debt covenants, CCi has no cash. She also ignored the fact that CCi is in a tertiary market, so of course the risk of students defaulting on the debt is much higher, no matter the quality of the education. I do agree, however, that the schools will not "go away," as in for-profit schools will exist long after CCi is gone. For-profit schools have a history of coming and going, which is part of the problem in the industry. Public high schools often don't want to deal with any school which is likely to be gone in a few years. Who wants to hassle with CCi? There is so much turnover with both high school reps and military reps. Paula's claim about online education ignores the fact that CCi's online divisions have been collapsing. How can online save CCi when online enrollments, and student count, is going down?
Paula isn't very well informed, is she? She mentions online learning as if it's something new, and she suggests the for-profits haven't considered actually teaching students marketable skills. It's true that the CCi administration doesn't care about what the students learn, but most of the people teaching the students do care. The problem is that too many of the students are not prepared for college and were not told the truth about what career colleges actually do, compared to traditional academic colleges.