Job Opportunities That Ruin You

March 16, 2010

For the unemployed, for-profit colleges or trade schools, as they’re sometimes called, may seem like a way out, but look hard before you leap. These schools often make big promises for a bright future, but many students are finding they end up with just the opposite. High priced tuition and low graduation rates often leave them deep in debt and still unable to find a job.

CBS MoneyWatch business columnist Kathy Kristof has been following this issue for some time.  She provides more of her helpful insight with her latest blog post “Job Opportunities That Ruin You.” The New York Times also recently did a piece shedding light on the how these schools lure students in to get their financial aid dollars, but often don’t deliver on the results they promise.