Community colleges are more legit than for-profit degree mills.

If these schools want to be for profit they need to be treated like any other business. If someone gets a product that doesn't do what it was supposed to, they should be allowed to return it for a FULL refund.

Never enroll in a "for profit" school. Ever.

Internet Technology should have been your first red flag.

There should be a class action lawsuit against these companies.

lmao i got an ad for a “for profit” school while watching this

I blame the predators, not the people trying to improve their lives.

I feel so bad for these guys. Imagine being in that deep of debt. I hate even having a tiny bit of debt. It feels awful.

Sanford Brown? That’s like making a knockoff car called a Limborghinni-McLaren

Sits through interview in socks...

I have been blessed to have family members who explained the differences in accreditation so I always look for regionally accreditation of colleges and universities when applying.

$1600 Hundred a month. Got damn!

*Before you buy into ANYTHING* , you must do your own research. Too much info online today that can prevent you or mitigate your chances of being ripped off.

I am living this guy's life. This story hits it dead on.

Do you take this man to be your lawfully wedded husband in sickness, health, good times, bad times, hell or high water? "I do." How about in sickness, health, good times, bad times, hell or high water AND $160,000 in school debt from Corn Dog University? "HELL NO!"

These bastards got me too!! I found out that hard way when I enrolled in a local collage to continue my education, since my company pays for 100% of the cost. Fortunately, I was smart enough to pay off my student loan many years ago so I don’t have that burden to deal with, but I have 96 credits that are totally useless to me, and I’m going to be nearing 50 years old by the time I earn my bachelors degree!!

Daaaaamn! 1600$ a month is a straight up theft. How are you supposed to live like this?

And that's why I got a CDL license... No loans and good pay

Most of these for profit schools are insanely overpriced. I checked out Phoenix to see how much it was, $400 a credit hour. My local community college charges $100. Most employees where I live won't even look at you if you go to Kaplan or Phoenix. I know many people who have struggled with it. PLus they were unable to transfer credits. It should be very easy to transfer credits if you earned them at a community college. I've NEVER had a problem.

i go to a community college, and i've been screwed out of an entire semester because advisors lied to me. i know many people who have had the same experience. someone needs to hold schools accountable. thankfully the courses were only 1200, 3 courses, but it still sucks to lose that much time, effort, and money

Internet Technology? A typo probably? I.T. mean Information Technology.

I got an ad for Walden University before this video lol

I went to the same school, but in Vegas, and I'm in the same boat as this man. Don't regret doing the work and getting a degree, but I do regret going this route.

Holy mother of god!! $165,000 !??! @_@

i remember watching an iadt ad while in college, it looked very promising. lucky i didn't follow up

My best friend got a degree from them he moved to Asia and has no intention of paying them

In 1965 I was conned into a computer training 2 year college. The con is that a bank (unknown to me at that time) paid the school for 2 years before I had my first class. I was making weekly payments to the school. After 2 weeks I wanted to know where the computers were - the big ones I had seen in the brochure. There were not any computers. The instructors had day jobs and instructed at night. None of them had any credentials. After 2 months I quit paying. Of course I got the nasty letters about going to jail. I wrote back, OK let me get a lawyer and investigate this school. They never bothered me again. They did not want to be investigated! A few years later the Texas Attorney General shut down this "school" and a slew of similar schools operating the same way. I lost some money but many poor blacks and whites lost a lot more.

"I am amazingly mad!" The wife is hilarious 😂😂

"I have a worthless degree and over $100,000 in debt . . . I know, I should buy a house!"

Glad to know I made the smart move and ditched school after high school, honestly I couldn’t be any happier not going to college

I love how the degrees are worthless you can almost hear the rich College owners saying you better go to our college and pay us a lot of money or you aren't going to be allowed to have anything. Doesn't matter how many books you read or what you know if you don't give us some money then you don't get to go anywhere in life. What a joke.

Private for profit universities are called diploma mills for a reason.

She wants a lavish wedding. It costs very little to go down to the courthouse and get married

This is why you research heavily before making an important decision.

I sure as hell wouldn’t send my money for something that’s worthless

“More than his house payment” hol’ up

“Internet Technology” I’m guessing somebody forgot what IT stands for

Any institution with “design” in the title should’ve been a red flag. Cmon people

Dude has a decent collection of Del Rey Robotech paperbacks though. 👌

My lpn to RN school is for profit I believe they too are regional but what they did was sign an agreement with 3 online national colleges so once we are done all of our credits will transfer so we can do ASN to BSN without to much of a headache as far as getting credits transferred

I am $80,000 in debt with a public school degree in actuarial science. Actuaries are supposed to make $50k first year out of college and over $100k 5 years in. What they don’t tell ya is that the odds are high that no one will hire you. I’ve been on about 20 interviews and over 150 applications. No job. No internship. I graduated 5 years ago. I should be making $100k and nearly debt free. Instead I barely make minimum payments and live with my parents. My life is hell. DONT GO INTO COLLEGE DEBT FOLKS!

remember those Everest commercials back in day "Money aint tight, but it aint right, ya naw whatamean"

The people signing up are so desperate... its sad. These guys are sharks.

Some research of the school and some basic math skills and you could have avoided this.

I was scared as hell before enrolling into a for profit school for nursing, especially after watching this. I did my research and went in for it. I'm glad it all worked out for me. I feel sorry for this guy tho

I read an article online that stated that research showed that there is little to no difference in earning between people who get their degrees from expensive, ivy league schools vs colleges and less expensive universities.

Wait a minute......getting legally married only costs about $100, what is she talking about at the end? I know she means having a big expensive wedding but her answer implies that you can't get married unless you have a wedding ceremony.

My mom was between jobs and took a job at pheonix. She had students that were LITERALLY illiterate. The recruiters are so scummy, they would find people who couldn't even read or had mental disability and would straight up tell them to just sign the papers and they would get free money. These places should be illegal.

who sajd you gotta marry someone to spend the rest of your life with them

The Government should shut them down if it's not accredited at the regional level period. And criminal prosecution for fraud against the owners.

College itself is now a scam. I work as an underwriter and i’ve seen people with over 460k in student loans...they all say “Well i’m gonna be a dentist i’m gonna make tons of money and pay these off so who cares” I have two words...compounding interest....oh yeah...and inflation :)

He should've gone to a REAL school like Capella Online University

I almost did the mistake of enrolling in a for-profit college. I was going to do a course that was 28k at their college and the same course and degree at a tech center was 1,800. Yeah, never trust what they say no matter how good it sounds, it isn’t.

$164,964.39 !? Good lord! X_X

When I was am instructor at le cordon bleu part of career education corporation..they told us to tell the students they can be executive chefs and owners with their degrees...

I almost got scammed by these for profit schools, THEY EVEN ENROLLED ME IN COURSES WITHOUT MY KNOWLEDGE!!! Lincoln tech Illinoise

I spent 34k at Western Michigan University to get Criminal justice degree and got a good government job and was able to semi retire at 38 with 15 years in. Always go to real college.

I believe all universities and colleges, for-profit or otherwise, should be required to give a disclosure to prospective students that states what the degree costs, the average job placement rate and starting salary for their particular graduates, and a comparison to graduates from other universities in their area with the same or similar degrees. You get more of a disclosure when you sign for a car loan than when you sign up for tens of thousands of dollars in student loans and multiple years of your time spent on a degree. With everyone thinking they need to go to college now in a lot of cases and with a lot of majors all you really get is a whole lot of debt with no meaningful Improvement in your earning potential.

“Why are you making it so complicated? It’s EASY!”

A lot of people fall for these schools because they are trying to take short cuts. Schools like this offer lower credits to get a degree, or claim you can get a degree without clinicals etc. etc.

on-line collages like Kaplan need to get sued as they are a scam and they know it and to them they see ppl like you as a mark to get more cash from you.

"Degrees" from fake schools actually backfire on an applicant. Shows the employer that you have the mentality of quick fixes, poor judgment, without doing your homework, and therefore a major financial risk to the company. Would rather have an honest applicant with just a HS diploma.

Wow. Didn’t know different between National vs Regional Accreditation. I’m researching info about online classes & this came up in my search. Thanks for info

Go to community college it is cheaper and it provides transferable credits. Most public universities and colleges have a bunch of classes online. Don't be stupid.

I think university's made sense when, if you were good enough, you were accepted and awarded a grant as opposed to the pay-for-place method where you are accepted regardless of skill, only money.

People should be careful when selecting a for-profit college, but they should also be careful when being herded into public state schools. They are just as expensive for out-of-state students as for-profit schools, and while the credits may be nationally accredited, many of the degrees are still worthless.

Does ITT Tech fall into this category? Navient is a loaner for them as well and they are closed. Credits cannot be transferred there either....

Men, notice how at the end, the woman says in other words that she can't spend the rest of her life with that man, because they can not afford a wedding. The way I see it, if you truly love someone, a lack of ceremony shouldn't keep from being with that person. It's during the rough times in life that you should show more dedication to your loved one. How can you be a good wife if you cannot be a good girlfriend that doesn't love opportunistically.

Did she just say what I think she said that she can't marry him because his degree is a phoney degree Am I the only one that thinks that's pretty screwed up of her? Am I missing something here?

Florida has one of the cheapest universities in the country. I think full time tuition at university of Florida is like $7000 a year for a Floridian.

So she cant spend the rest of her life with this dude because of debt

Nowadays, beware of similar with coding bootcamps that claim to be able to change your life in 3 months, etc.

There are no shortcuts folks. Online college degrees are worthless.

It is incumbent upon the prospective student to validate a school’s accreditation.

I went to a trade school 12 years ago.. I’m currently enrolled in a community college, don’t bother unless you actually KNOW lots of people that easily got decent jobs afterwards..

NEVER get any kind of student loan. Those are bank loans. The interest is outrageous. Take it one class at a time and pay with your own savings. It will take longer but you have total control and ultimate save a LOT of money.

If the schools close then there’s no reason to pay the schools back the loans.

I bet if everyone, and I mean everyone in the USA stopped going to college for the first 5 years the employer would get desperate and hire you people with a good salary job without a stupid degree.

I was a graduate of the last class of 2016 with a bachelors and a associates degree in computer science. I have been doing well in my craft for over 15 years.

Yep I’m glad I was just duked for 12k from UMA online none of the credits transfer people sad that they prey on people trying to better themselves

this world's one big scam

“Go to school they say, “You’ll make money they say. Now we know why people don’t go to school. Rip-off

I love how the journalist said "a mountain of debt a worthless degree and a headache they cant kick"...PERFECT 💯

I've been thinking of going to schools like Concorde, Florida Career College, Virginia College etc b/c it seems like ppl I know got into careers so much faster and I want to be in my career already. I attend Florida State College at Jacksonville. My health is also part of it because I have sickle cell disease. Once I pass Elementary Algebra I'll have 4/5 courses left until I graduate. The expensive loans also steered me away from attending those type of "colleges" as well. Atleast I still get a refund check from the school I'll start back at hopefully in January. Right now I'm in a lot of pain b/c I'm in a sickle cell crisis which is extremely painful & on top of that I'm waiting for a right hip replacement. I'll be doing my next course online b/c my disease is unpredictable regarding flare ups. I'm so thankful when I went to talk to admissions I noticed she took me to financial aud trying to see how much I qualified for. Needless to say I got out of there!

Betsy Devos is protecting for profit colleges.

This says more about the US than that University.

Don't see much of a difference between these "for profit" schools and that "non-profit" schools that charge $40K a semester......

If it’s a business program, make sure is AACSB accredited. For profit schools do not have this accreditation

I don’t even know why private/for-profit colleges still exist honestly 🤷🏻‍♂️ Couldn’t help but notice the private colleges in my area (in BC) are run mostly by international people & they don’t even have a proper teaching certificate. Yeah they may have proper careers, but if they want to teach, they just get hired lol

If a product (a college degree) doesn't do what it is designed to do (get u a job in your field) then u shouldn't have to pay it back. Make the for-profit schools more accountable.

According to Dave Ramsey, if the college closed down, you are no longer responsible for the debt!

His wife's comment at the end tho got me thinking and/or laughing 🤔😁

Research the degree/major and school before spending money.

Pick up a copy "weapons of mass instructions" or "the underground history of American Education" by John Taylor gatto

I don't recommend for-profit colleges. It's best to go a community college or a 4 year school that is not a for-profit college. The problem with for-profit colleges is many employers don't think very highly of for-profit colleges. If a person has an engineering degree from a for-profit college, many engineering employers won't hire them. There are some engineering employers that will hire people with engineering degrees from for-profit schools, but many engineering employers won't hire people who have engineering degrees from for-profit schools. Many accounting firms won't hire people with accounting degrees from for-profit schools, but some accounting firms hire people with accounting degrees from for-profit schools.

Regarding the description, if they have a worthless degree, isn't that on them for choosing to go into a worthless field?

Aren’t all schools for profit? If not, why is their tuition so damn high!

i kind of feel for the guy but its his own fault its like anyone that gets scammed if it seems to good to be true it probably is

The brochure did 100% lie. You have the easiest case ever.

I understand this situation all too well. I did the exact same thing. I was interested in filmmaking since i was a kid. Saw some ads for Art Institute, and got interested, so i called the admissions office and got information on their school. I had no idea what i was doing and i thought for sure my admissions specialist would've just been honest with me about the process of getting accepted and funding my education. Nope, they weren't. They played me like a fiddle the entire time. They knew what i wanted out of life for myself and talked to me as if it were an easy process. They sat me down with tons and tons of paperwork, none of it i could understand. When I'd ask questions, I'd get vague responses. I never really caught on to the scam until a year after i was in school. I saw that they accepted pretty much everyone. I learned for the first time in my life that signing those documents so eagerly and without much thought or skepticism on my part turned into a life with loans i can't get rid of. No matter what i pay it just stays the same amount. All because i didn't question the process more closely, it happens. It's no one's fault but my own. I own that shit. I don't blame Ai at all. They were in the business to make money and they did so with people like me who didn't question anything. I signed documents that essentially allowed them to fund my schooling with private and federal loans. The entire thing. In fact they were so nice to me that they gave me a laptop computer and i had no idea it was out of my own pocket. If i could go back to my younger self I'd have refused and went with a local community college or a trade. I'd have spent time researching instead of being wide eyed and dumb, excited for anything that acknowledged me and made me feel like a winner. In the end they got me. I allowed it. To this day i still own the loans, and i say to other young people to not ever fall prey to these kind schools. Always make sure you can afford to go to college if that's your dream. Make sure you arent getting screwed and don't be afraid to say no, ask questions and a lot of them. Make them wait to sign anything and read all documents before signing. If you can't understand the terminology being used in these documents then ASK. If you still can't get results then do yourself a favor and find something better that won't charge you so much money. There are options and better ways of achieving your dream. Take control of your life and take responsibility for yourself. I did a dumb thing. That's on me. Own it.