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Do Military Veterans on GI Bill Deserve to be Treated Fairly by For-Profit Colleges?

Student loans are tough enough to deal with but it appears for-profit colleges are intentionally targeting military veterans eligible for the GI Bill. Students are winding up deep in debt at the more expensive for-profit college with no degree or a degree worth little. Some experts interviewed in the broadcast said that online degrees are viewed less favorably by hiring managers and that for-profit degree recipients are paid about 15% less than graduates from other schools.

The Frontline story below represents that for-profit schools are targeting military veterans because of all the money to be made on the benefits available under the GI Bill.

Part 1

Watch Educating Sergeant Pantzke on PBS. See more from FRONTLINE.

Part 2

Watch Educating Sergeant Pantzke on PBS. See more from FRONTLINE.

Part 3

Watch Educating Sergeant Pantzke on PBS. See more from FRONTLINE.

Sadly the Department of Veterans Affairs was not supplying sufficient information to military members to make educated and informed decisions about what type of education will be beneficial.

Now the VA tells students only 28% actually graduate from for-profit colleges. – Source

Do Military Veterans on GI Bill Deserve to be Treated Fairly by For Profit Colleges?

Veterans laid their lives on the line, may have been snookered by for-profit colleges and are left in debt with private student loans. And when it comes to good options for adjusting demands made by private student loan lenders, there just are none.

Student Loan Resources

You can use the following student loan resources to help reorganize, discharge or forgive your student loan payments.

The Overall Guide to Dealing With Student Loan Debt

Get Help For Your Student Loan Problem

Discharge Your Student Loans in Bankruptcy

Getting Sued Over a Student Loan

Student Loan Forgiveness and Discharge Information

Watch Out for Student Loan Assistance Programs

Student Loan Consolidation Information

Specific Federal Student Loan Repayment Program Information

Maybe College Isn’t the Answer

Some of the for-profit colleges specifically named in the Frontline investigation included University of Phoenix, Devry University, Art Institute, Strayer University, Kaplan University, Westwood College, and Argosy University.

Do Military Veterans on GI Bill Deserve to be Treated Fairly by For Profit Colleges?

According to previous data, over 25% of all GI Bill benefits are distributed to eight for-profit schools: University of Phoenix, ITT, Art Institute, Argosy, DeVry, Sanford Brown, CTU, and Strayer.

Do Military Veterans on GI Bill Deserve to be Treated Fairly by For Profit Colleges?
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About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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