So what are the actual job placement rates? How many graduates have found their way to cushy game chairs at EA? Nobody knows. The only ones keeping track are the schools and they don't seem to want to make it public except in cryptic riddle form in the fine print of giant ads.
But there's clues here and there. As of 2009, for-profit students (9% of all post-secondary students) represented 44% of all student loans defaulting within 3 years, hinting that perhaps graduates of these schools don't quite have the earning power they were promised.
Working Hard Or Hardly Working
Well, what with the economy and all, it's not their fault the school can't control the job market. At least they're doing their best to give you an education worth your money, right?
They'll sure act like it! Part of the game (the game of Let's Pretend We're Quality Education) is making it look like the school is selective and tough. Before you're even in, many recruiters will pretend to grill students for admission when all they really need to test is whether you have a pulse. As one counselor said, "They were enrolling people who don't speak English, who tell you they have a very serious learning disability. It's like, 'Yeah, uh-huh, can you sign up for a loan? Then you're going to school.'" Accounts from for-profit schools across the board mirror this one, including ITT Tech and DeVry.
"Stoner, you're in. Chimp with a hat, you're in. Recently unfrozen caveman, you're in."