The Benefits And Drawbacks Of Private For-Profit Schools

Prospective students are often faced with the decision of which school to attend. Many of these students are considering attending private for-profit institutions of higher learning. The purpose of this article is to explore the benefits and drawbacks of private for-profit schools. Students General Students Article

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Hoosier69

64 Posts

enlightening post, which makes you think what the future holds for the new generation in the medical field.

i went to ross medical education in cincinnati in 2009-10 and wasn't able to find a job. my course was medical assisting. i got a bum rap, too, when my "first" externship" site was the site from you-know-where. the college told me that i couldn't go to a [local]urgent care, when in fact i had personally spoken with the office manager at said urgent care about taking externs. bottom line? i persevered, finished my time at the urgent care, and my subsidized and unsubsidized student loans are now on deferrment because i'm at ivy tech for pre-nursing coursework (deferrment).

i wouldn't choose a for-profit school again if i could do it over again...

TheCommuter, BSN, RN

102 Articles; 27,612 Posts

Specializes in Case mgmt., rehab, (CRRN), LTC & psych.
i went to ross medical education in cincinnati in 2009-10 and wasn't able to find a job. my course was medical assisting.
out of pure curiosity, how much was the tuition for your medical assisting program back then? i was simply wondering.

Hoosier69

64 Posts

out of pure curiosity, how much was the tuition for your medical assisting program back then? i was simply wondering.

[color=#2f4f4f]commuter,

it was over $14,000. i'm in debt up to my ears: medical, school, and more. i should've known better than not to pick a school of this type! they've had a lot of turnover since i graduated, too. the director went to another school to act as a director (sounds like a rhyme, eh?!)

the admin and clinical instructors that were teaching when i was there aren't there anymore. one is going to fortis college in cincinnati for nursing; the other one is pursuing a mgmt degree. i was getting ready to sic an attorney on the college regarding the lying/deception issue. i don't know what their problem was that they felt it necessary to lie to me, but i'm glad that i got thru it...

Hoosier69

64 Posts

Just went over to FB and saw that the clinical instructor that I just mentioned who's going to Fortis College must be currently a clinical instructor @ Beckfield College in Cincinnati.

SE_BSN_RN, BSN

805 Posts

Specializes in LTC, Agency, HHC.
[color=#2f4f4f]commuter,

it was over $14,000. i'm in debt up to my ears: medical, school, and more. i should've known better than not to pick a school of this type! they've had a lot of turnover since i graduated, too. the director went to another school to act as a director (sounds like a rhyme, eh?!)

the admin and clinical instructors that were teaching when i was there aren't there anymore. one is going to fortis college in cincinnati for nursing; the other one is pursuing a mgmt degree. i was getting ready to sic an attorney on the college regarding the lying/deception issue. i don't know what their problem was that they felt it necessary to lie to me, but i'm glad that i got thru it...

unfortunately, there are a lot of places out there like this one. my mom went to one for her ma and couldn't find a job at all, even with the school saying they offer job placement assistance. i tried telling her that, and told her not to even waste her money, but she did and got nothing out of it, except who knows how much debt. she finally went to a place that taught cna classes and now has her cna. i don't know who approves these schools, and i don't think this should even be allowed.

Jmira.BSN.RN

353 Posts

I currently attend a private for profit ADN. Total cost is $50k for the 2 year (full 24 months including prereqs). The school does not advertise its rn program at all, although its other programs are heavily advertised on tv. the only way you would know about the program is from the brn or word of mouth.

It was an easy decision for me to make to attend. The junior colleges in my area (southern ca) are on a 3-4 year wait list . Thats not including 2 years of pre-reqs or 2 years of the actual program. 7-8 years for an adn is just rediculous to me.

I'll have to admit the $50k is more than intimidating, but I thank Uncle Sam that he's paying for almost half of it through financial aid. ((I would not have signed up if it wasn't for substansial financial aid, $50k is a lot for an adn especially for a young single mother)) The for profit I attend is very competitive and its not exactly easy to get accepted. They admit 40 students twice a year. For the group I applied into there were 1200 people trying for those 40 seats. Theres a 6 month process of entrance testing, an essay, and interviews. The students who get accepted are not typical trade school students. Most are either already in the medical field as an lvn, cna, paramedic, or emt. and there are others who have a degree in another field.

The school is not regionally accredited, which is the largest downfall to me, but i do have a few options for bsn. the school does have "candidate status" for nlnac, and is fully accredited from the CA brn.

Our clinicals are all at regular hospitals. we see students from the jcs and universities at these same hospitals. The program is vigorous. if you fail, you fail, and then you are out. We can't pass each term or graduate unless we pass an exit hesi in addition to regular finals. the hesis are tough, but they are to help students pass the nclex. The previous grads have had no trouble finding employment with their for profit degree.

There are cons: not regionally accredited, disorganized to some level (we dont find out our next term's schedule until the week before the term actually starts!), the corporation has rules in addition to the ones set by brn (we cant pass meds or start ivs without an instructor present, even though brn says we can pass meds as long as there is any rn present, not specifically our rn instructors) , Oh an lets not forget the price tag.

for me it came down to simple math: 2years of rn school(including prereqs) for a little less than $30k orrr 7-8 years at the jc with somewhere around $10k.

Just think long and hard before making a big financial decision. profit or non profit the decisions are going to impact the rest of your life someway. My route to do for profit made sense for my life, but it wont necessarily be the right decision for others.

TheCommuter, BSN, RN

102 Articles; 27,612 Posts

Specializes in Case mgmt., rehab, (CRRN), LTC & psych.

I stumbled upon an interesting finding while browsing online last night. Click on the link below to read the disclosure statement of a popular for-profit school that advertises heavily on the local TV stations in my area.

http://disclosures.everest.edu/disclosures/everest-institute-jonesboro.pdf

All of the training programs at this particular for-profit trade school exceed $14,000 in tuition and have relatively low job placement percentages. The pay rates for many of these 'careers' are low.

BennyRNCA

136 Posts

[h=2]Senate report finds large cost gap between public, for-profit colleges[/h]print_icon.gifPrint

August 7, 2012 | Erica Perez

Senate report finds large cost gap between public, for-profit colleges | California Watch

Moving Foward

40 Posts

i went to ross medical education in cincinnati in 2009-10 and wasn't able to find a job. my course was medical assisting. i got a bum rap too, when my "first" externship" site was the site from you-know-where. the college told me that i couldn't go to a [local']urgent care, when in fact i had personally spoken with the office manager at said urgent care about taking externs. bottom line? i persevered, finished my time at the urgent care, and my subsidized and unsubsidized student loans are now on deferrment because i'm at ivy tech for pre-nursing coursework (deferrment). i wouldn't choose a for-profit school again if i could do it over again...

Wow!! I used to teach at Ross in Cincinnati. And I heard that a lot from they students :( and they did have a HIGH turn over rate in Instructors. Smh

SL2014

198 Posts

Specializes in Case Management, ICU, Telemetry.

It totally depends on what For Profit institution you go to. Most of the ones here are CCNE accredited. NLNAC isn't requires, its just extra. A lot of the nurses on our floor went to the same school as I did... Yes the tuition was expensive (65K), but to not have to wait was... kinda worth it.

chillnurse, BSN, RN, NP

1 Article; 208 Posts

Specializes in Internal medicine/critical care/FP.

132k for a bsn degree. Rofl. Who would fall for that. There are cheaper medical schools out there. My bsn cost like 10k including my asn. Most was paid for of course. Economics people. Economics

chillnurse, BSN, RN, NP

1 Article; 208 Posts

Specializes in Internal medicine/critical care/FP.

Some people with pay anything to have a degree in their name.