I am a Mt. Hood student and it definitely has it's pros and cons. Many of the instructors are great, however there are some that are not. We usually have multiple instructors teaching our core class and they are not always on the same page. They are quite disorganized, which makes it tough to learn. I don't feel like we get nearly enough practice time or instruction in lab (but there is some open lab time and this may be a problem for other schools as well). The program is very self directed and you will need to be prepared to learn a lot on your own. Most of the lectures are helpful, but you will need to go much more in depth on your own time (again somewhat expected and probably the same as other schools). I know nursing school it tough no matter where you go, but sometimes they are a little unrealistic in what they expect.
I didn't mean for this to be all negative... I am fairly happy with the program (I'm learning a ton, there's lots of hands on experience, it's close, affordable, etc), but I wish it were more organized. I feel like I could learn much more if it were set up better and some teachers were more supportive. I'm sure any school will have many positives as well as negatives and you will need to decide what is best for you. Good luck in your decision!
p.s. I'm not a grouchy student because I'm failing classes or anything. I have kept straight A's through the whole program.