Yep. These “schools” are really just pipelines to federal loan dollars. The school gets the money, the student is left holding the bag.
I would agree with you except that a Womens Studies degree from Yale or SUNY Buffalo probably holds even less potential for “gainful employment”.
A friend of mine taught in one of those private computer schools. There was great pressure to pass everyone. He didn’t and of course he was not invited back to teach a second semester. He said not one of his students was employable to work on/with computers. They were all getting federal loans.
“I would agree with you except that a Womens Studies degree from Yale or SUNY Buffalo probably holds even less potential for “gainful employment”.”
Probably so, but the students that graduate from Yale and SUNY Buffalo pay their loans off at a much higher rate than the average for-profit school.
I’ll go you one better. A judge in Ohio just ruled that a law school grad could not take the BAR exam because he had no way to pay back the $170,000 in law school loans he took out.