Word: collegee
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There's plenty of outrage these days over how much people are paying for college and what they're getting - or not getting - out of it. Last August, for example, a graduate of Monroe College in New York City sued the for-profit school for the $70,000 she spent...
The money-back guarantee is only open to a total of 61 students in Lansing's pilot program. And the applicants are expected to be élite and competitive, says Ellen Jones, the college's director of public affairs. (All must have a high school degree.) Those who are accepted...
Though the college hasn't partnered with any companies to hire the newly minted trainees, Jones says she wouldn't be surprised if such arrangements come together down the road. "We've had employers who've heard about this call us," she says. "They want these people."
Russ Whitehurst, a senior fellow at the Brookings Institution, says that while some schools have been promising to refund money if credit hours don't transfer to another school or if tuition increases after the first semester, he believes Lansing's get-a-job-or-your-money-back offer is...
Whitehurst says he would rather see community colleges and technical institutions providing more information about program-completion rates among students and their employment outcomes. This kind of transparency would allow prospective applicants to make more informed decisions instead of gambling their futures away. "Currently we just don't have that...