Report: For-Profit College Students Earn Less After Graduation Than They Did Before
For-profit college chains often market themselves to non-traditional students — single parents, lower income individuals, military service-members — as a viable path to better job prospects and more money. However, a new report suggests that enrolling in of these sometimes costly schools may not help students reach their goals. A study recently published by the National Bureau of Economic Research found that most students who enroll in certificate, associate and bachelor’s programs at for-profit colleges and universities generally see a decline in earnings five or six years after attendance, when compared to how much they earned before attending classes, Inside Higher Ed reports. “Analysis of degree-seeking students suggests that on average associate’s and bachelor’s degree students experience a decline in earnings after attendance, relative to their own earnings in years prior to attendance,” the report states.
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by Ashlee Kieler, Consumerist.