For-profit colleges find another way to suck: graduates make less money

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A study from the Center for Analysis of Postsecondary Education and Employment, an independent nonprofit research group established by the Department of Education, looked at data from 80,000 students who started at community colleges and later transferred to complete their studies or pursue a bachelor’s degree. The researchers found that students who transferred to public or nonprofit schools earned more money than those who transferred to for-profit schools.

Alumni from two unnamed states were studied. Students from the larger of the two states’ sample groups who transferred to for-profits earned an extra $210 each quarter, while those who went to public colleges earned an additional $560 each quarter, and those at nonprofits ended up with $1,110 more each quarter.

Full story: For-profit college alums make less money