Monday, December 13, 2010

For-Profit Colleges

Although for profit colleges are proliferating, I don’t believe they are as good as the non profit ones. And I was correct in the sense that a report came out stating that the graduation ratio is lower and student debt is heavier than non profit. The biggest comes have advertisement all over the internet and some are exclusively online, but they have not shown that the real world is ready to accept their degrees as well as the non profit ones. Even with the internet and having a lower over head costs than traditional colleges, they charge an outrageous amount of fees. I thought that since you are on the internet, you have lower over head costs and thus you pass down those lower costs to your students but I guess I was wrong.

I did once studied at a for profit college and I can assure you that you are better off in a community college cost wise. I would not recommend a for profit college if you can get admission into a traditional college. Some people will still go on to these colleges and be in debt for the rest of their lives for a degree that is not accepted as much as traditional colleges, but it is up to the individual to make comparison and look at their own finances and talk to people before they take a plunge into them.

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