For-Profit Colleges: A Closer Look at Technical Schools and Employability
The Federal Trade Commission (FTC) and the Iowa Attorney General’s Office looked at for-profit schools. For-profit schools are community colleges and technical schools. The schools can be private or public. Studies compared those in for-profit schools to State or private universities. Those who go to for-profit schools have a higher unemployment rate. They are also more likely to default on student loans.
Here are two links to articles about for-profit colleges: