The Whiz Kids Scam Guide

The for-profit colleges have very expensive tuition compared to the non-profit colleges. They claim they can provide a high quality education to the non-traditional students who may struggle to academically succeed in a traditional college setting- But are for-profit colleges everything they make themselves out to be? Research shows 90% of the money made by for-profit colleges come from the financial aid granted to students by the government. The majority of students paying late on their loans are for-profit college students. Coincidentally, the majority of for-profit colleges have extremely low graduation rates. Half of the students who attend a for-profit college do not graduate with a degree or diploma but only with debt. A growing number of peculiar cases are developing with the for-profit college industry involving aggressive recruitment tactics, the creation of fake transcripts, creation of fake visas for students, instructors not having advanced degrees, fake accreditation, and how a dog was able to earn the MBA.