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Majority of For Profit College Students Sadly Waking Up to Realize They F’d Up

Majority of For Profit College Students Realizing They F’d Up

“If they gave gold statuettes for tears and regrets,” Ronnie Milsap sang in a classic country song, “I’d be a legend in my time.” Most of us have a few regrets, but no one should regret their college choice. Yet a recent Federal Reserve  Board report shows that many Americans wish they had studied at a different …

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Are Foreign Medical Schools Educational Malpractice?

Do Foreign Medical Schools Kill Your Finances?

Last spring, the Federal Trade Commission settled its case against St. James School of Medicine, a foreign medical school operating from two Caribbean campuses. According to the FTC, the school lied to students “about their chances of success–both in passing a medical school standardized test, and in matching with a residency program after graduating.” The FTC accused …

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Caribbean Medical School Refunds Misled Students

The Federal Trade Commission is sending more than $830,300 to 1,376 people who began enrolling at Saint James School of Medicine between the Fall of 2016 and the Summer of 2021. The for-profit medical school in the Caribbean and its Illinois-based operators allegedly misled prospective students about their chances of success—passing a medical school standardized …

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Small Colleges Are Like Condemned Death Row Prisoners

Cabrini University, a small Catholic school near Philadelphia, is eliminating its Provost position as part of a plan to cut costs and balance its budget. It will also eliminate two associate provost positions and shrink the number of department chairs from 18 to eight. “We continue to lose money every year,” Helen Drinan, Cabrini’s interim president, explained. …

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Flagship Universities Are Enrolling More Out-of-State Students: That May Be A Good Thing

Aaron Klein, writing for Brookings Mountain West, reported recently that public flagship universities admit more out-of-state students now than they did twenty years ago. Klein’s research revealed that the share of out-of-state students at the states’ premier universities went up an average of 55 percent between 2002 and 2022.  At some flagship universities, 20 percent of …

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A Degree From a Tiny College Is Like A Thousand Dollar Car: Ain’t Worth Nothing

The Bottle Rockets, whose music has been compared to Woodie Guthrie’s, sing a poignant tune about a thousand-dollar car: A thousand dollar car, it ain’t worth nothin’  A thousand-dollar car, it ain’t worth shit Might as well take your thousand dollars And set fire to it. A thousand-dollar car ain’t worth a dime You lose your …

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It’s Good to Be Shifty. Young People Should Be Cautious About Going to College

“It’s good to be shifty in a new country,” Huckleberry Finn observed in Mark Twain’s most famous novel. What does it mean to be shifty? I think Twain meant that people should be cautious in a strange environment and suspicious about entrusting their safety and wellbeing to strangers–not to mention their pocketbooks. You will be …

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Congratulations for Being at a College You Didn’t Apply At.

Surely you remember Woodie Allen’s famous observation: “I’d never join a club that would allow a person like me to become a member.” That’s kind of like the situation with college admissions. Some schools are admitting new students even though they didn’t apply! A couple of companies have launched services that allow college shoppers to …

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College Grads Fail Miserably at Way Overestimating Starting Salaries

A recent study of college students preparing to graduate found that students suck at trying to estimate income and make plans for life after college. Respondents in this study felt confident their starting salary was going to be $103,880 but the average salary was actually $55,260. Oops. Of the students surveyed, 31 percent felt they …

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The Slumification of American College Towns

The Slumification of American College Towns

In the nineteenth and early twentieth centuries, cotton production was a staple of America’s Southern economy. Even today, the United States is one of the world’s largest exporters of cotton. But cotton has some problems. Grown year after year, cotton depletes the soil. Before commercial fertilizers became available, cotton growers simply grew cotton on a …

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