With studies showing that for-profit college degrees create more debt and no more added value for students, many are questioning the merits of these institutions. Here are the pros and cons of for-profit colleges:
PROS
Degree will really mean something to prospective employers who know your alma mater from its storied legacy of federal investigations
Better cosmetology program than Dartmouth
Post-graduation earning potential boosted by payout from class-action lawsuit
No Greek life
Abundant daytime infomercials let you relive your glory days
Opportunity to form a lifelong relationship with creditors
The best way to learn is by making mistakes
CONS
Campus events limited to helping administration shred documents
No room for Frisbee circle in strip mall parking lot
Suing the founder for damages will be really difficult if he wins the presidential election
Having to sit through 162,000 names at graduation
Seeking career training from people whose own salary benefits from your debt might not be best strategy
Classroom dynamic repeatedly thrown off by teacher being peppered with questions from state attorney general
All knowledge gained will be repossessed when college goes bankrupt
