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. Nursing Students General Students Article

An increasing number of prospective students are becoming rather fed up with the long waiting lists, lottery-style admissions practices, tedious prerequisite courses, difficult entrance exams, and other aspects that frequently characterize the competitive process of getting admitted into the nursing programs at their local community colleges, state universities, and private not-for-profit universities.

Do any faster alternatives exist in the realm of higher education in the United States? Does any other type of institution exist that can possibly save a student some precious time while adding a degree of much needed convenience in his/her already harried life? This is where the private for-profit trade schools come into the picture.

Some of you have probably viewed the tantalizing commercials that advertise these private for-profit trade schools while watching daytime television. Start training to become a registered nurse, licensed practical nurse, massage therapist, respiratory therapy technician, medical assistant, dental assistant, X-Ray technician, or dialysis technician. A rewarding healthcare career can be yours in as little as one year!

Private for-profit institutions do serve a well-defined purpose in higher education in the United States. Some benefits certainly proliferate for the numerous pupils who choose to attend these types of schools. However, the for-profit trade schools are also full of drawbacks. I will readily list the benefits and drawbacks below.

Benefits for those who attend private for-profit trade schools:

  • Waiting lists are typically nonexistent: Most of these schools offer almost immediate admission without having to languish on a waiting list.
  • Lottery-style admissions are unheard of: I'll reiterate that most of these schools enable students to be admitted with minimal red tape.
  • Some trade schools do not mandate that prerequisite courses be taken and passed prior to admission: Instead, the classes become 'corequisite' courses that pupils take alongside their nursing courses.
  • In many cases, the entrance exam requirements are lenient: I personally know of a school that allows prospective students to take the NET test monthly (for a fee) until they pass.
  • The school's 'campus' is usually small and easy to navigate: While most community colleges and universities are located on large campuses with multiple buildings, many private for-profit trade schools are set up in office parks, strip malls, or other convenient spaces.

Drawbacks for those who attend private for-profit trade schools:

  • Tuition is prohibitively expensive: Frequently, the tuition for many healthcare programs exceeds the graduate's projected first-year earnings. A generic BSN (Bachelor of Science in Nursing) program flourishes at one of these schools with tuition of $132,000.
  • Lack of regional accreditation: The overwhelming majority of private for-profit trade schools are not regionally accredited, which negatively affects transferability of credits earned. Most of these schools are nationally accredited by entities that only accredit other for-profit institutions.
  • Lack of nursing accreditation: Many private for-profit trade schools are not accredited by the NLNAC (National League For Nursing) or the CCNE (Commission on Collegiate Nursing Education).
  • Employment opportunities are limited: The Veteran's Administration, Department of Defense, and other federal employers shy away from hiring RNs whose nursing programs lacked nursing accreditation.
  • An unspoken bias is present: Some hiring managers admit, on the condition of anonymity, that they will toss a resume into file number thirteen (a.k.a. the wastebasket) if a private for-profit trade school is listed.

As you can see, the decision to attend a private for-profit trade school is permeated with a whole slew of benefits and drawbacks. However, each benefit and drawback should be pondered carefully, and no snap decisions should be made. After all, one's choice to go to a for-profit trade school can have implications that will last throughout the remainder of one's natural life.

Specializes in Hospice / Ambulatory Clinic.

On the federal jobs note. Many of my school's clinicals were at the local VA hospital and a couple of my classmates have been hired on at the VA. You couldn't pay me enough to work at the VA though.

Specializes in Case mgmt., rehab, (CRRN), LTC & psych.
On the federal jobs note. Many of my school's clinicals were at the local VA hospital and a couple of my classmates have been hired on at the VA. You couldn't pay me enough to work at the VA though.
The VA and federal employers will hire LPNs/LVNs who trained at unaccredited schools; however, the doors are closed to RNs who wish to secure any type of federal employment.

I know of someone who was working as an LVN at the VA, but they would not allow her to work there as an RN because she completed an RN bridge program at a private for-profit that lacked NLN accreditation.

Specializes in ICU + Infection Prevention.

every va is different. many many people love the va. the va is the largest single employer of nurses in the usa.

but all of their rn job postings have this listed under qualifications required:

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graduate of a school of professional nursing approved by the appropriate state agency and accredited by the national league of nursing accrediting commission (nlnac) or the commission on collegiate nursing education (ccne).

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

Omigod. . .I came across a post from a student who is attending an LPN/LVN program at a private for-profit trade schoolwith a whopping tuition of $40,000.

This person is basically paying a staggering amount for the right to earn less money than his/her RN counterparts. Also, there is no guarantee of a job at the end of the tunnel, so the student might be burdened with student loan debt that cannot be repaid.

Let's see. . .$40,000 will result in a loan payment of $460 monthly if financed over 10 years at 6.8 percent interest. Of course, the payment will be a lot higher if private student loans come into the picture.

Specializes in Hospice / Ambulatory Clinic.

Yeah even in the few years I've been out of school the school I went to puts up the tuition about $2k per quarter.

TheCommuter. You went a trade school RN school right ( might be confusing you with someone else ) if so how was that experience?

Also what's up with these crazy interest rates. When I took out a private loan in 2004 (for other non nursing schooling ) my interest rate was about 3%. It's adjustable so its about 1.8% right now. Considering the long loan terms they give the interest HAS to be reason not 18%

Specializes in Case mgmt., rehab, (CRRN), LTC & psych.
TheCommuter. You went a trade school RN school right ( might be confusing you with someone else ) if so how was that experience?

I attended a private nonprofit LVN program. I attended a for-profit RN completion program.

While attending the for-profit, I basically had to teach the material to myself. I am good at independent learning so I did well, but many of my classmates struggled greatly because they needed the instructor to explain things to them.

I completed the RN completion program at the for-profit school more than two years ago. I passed NCLEX easily, but many people failed, even with a mandatory Kaplan review class that lasted one week.

Two years have elapsed and a handful of my classmates still have not passed the NCLEX-RN, so these people are still working as LPNs/LVNs. My former school enrolled a fair share of lower caliber students because they could pay the tuition. This is usury, IMO.

Specializes in Hospice / Ambulatory Clinic.

One thing I found was the the large tuition charged left the students with a great deal of entitlement over things they shouldn't be entitled about. "I'm paying my $$$" was repeated over and over again. The other phrase "They aren't teaching me!" which from what I could gather in their minds teaching them mean shoving the information into their brain and then giving them tests they could pass. They were upset if something that was in the book but not explicitly mentioned in lecture was on the test.

Overall the level of instruction was no worse/better than the average community college class but the students weren't ready for that level or they thought that money would buy them something easier. When they compare community college tuition to private/for profit tuition they fail to account for the fact that in the former the government is paying a significant portion for them.

The DON came in once and told the entire class. "Don't think because you paid you $x that you are buying a diploma. It is not for sale."

Though overall I saw the instructors struggle to teach with in the framework of a profit mill. You could fail students but they would be aloud to repeat 50% of the material (at no cost though)

Specializes in Hospice / Ambulatory Clinic.

Oh and don't count on job placement it's joke they don't have any leads that you can't find yourself. They reviewed my resume which was professional done by a friend and butchered it into something hideous. But heres the kicker I found an interview for a non advertised position by doing a lot of legwork. I called and asked for some tips they asked where I was interviewing. The next day that lead was on the list and when I went for my interview the lobby was swarming with applicants when previously it was not. The job I eventually got I found all by myself.

Specializes in ICU, LTACH, Internal Medicine.

Couple of other things I've noticed about the subject:

- because they are smaller, private non-for-profits tend to apply the same required courses to all students, whatever they're actually studying for. One school I know has LPN, BSN and medical assitant students attending same "Pharm I" lectures, with the idea that NCLEX is the same for everyone and medical assistants "may benefit from that". The difficulty level of the lectures was geared toward medical assistants, as nobody of them would be able to pass the course otherwise. BSN students were given "Pharm II" course, but LPN students were not allowed to do it.

- for the same reason, private for-profits may have less local connections for arranging students' required clinical experience, externships, observerships, etc. Besides sub-par clinical placement, it can lead to the situation when students are told to find something to do in order to cover theur clinical hours requirements.

- while these schools may not require pre-requisits and tout themselves as "all-included" programs, they can "offer" mandatory courses which are obviously not necessary and not required for certification (like Advanced English Composition... one cannot write a SBAR note without it, I guess), "Medical Economics" and "Death and Dying". And they charge for it, too.

-some private for-profits cater mostly for students from the same environment (ethnic communities, career changers, etc.) They do not often advertise it, and they cannot, legally, deny admission based solely on that, but it can make studying very uncomfortable for students who do not belong there.

Last but not least: sim labs are nice to have, but they are not at all necessary and no substitute for ol' fashioned hands-on clinical training.

The questions applicants probably need ask before paying that kind of money for a nursing licence should be: certification of the school, where most of the students come from, NET/TEAS/etc. scores, NCLEX passing rates, clinical palcements (for all terms, and by whom they are arranged) and professors' qualifications. If these questions cannot be answered right away and in details, then get out of the place and spend your money somewhere else.

Don't forget that most of the students don't understand the financial implications that they can get all their other car loans, credit cards and other instalment loans wiped out in a bankruptcy filing, but the student loans will always be attached to their heads until it's paid-off in full.

Student loans are not discharged from any bankruptcy protection. A few friends not nursing majors found this the hard way as music majors or arts majors with over $55k to $94k or more in student loans.

Specializes in Hospice / Ambulatory Clinic.

Oh yeah and they also have no concept of how much $137k is. They think that they can earn that in a year or two with overtime. In general I've heard most of these schools price tuition at about what they think there grads can reasonably earn in a year.

Specializes in Psych, LTC/SNF, Rehab, Corrections.

I'm attending a for-profit school.

- I don't have to worry about tuition because I'm not paying for it. The military and grants pay for it. So...what debt?

- I already have a job lined up. $19.50 and it should go to $20.00 in a few mths. I worked as a CNA. I networked like crazy. Nepotism...pays off. LOL

- NCLEX scores were comparable to that of the regular schools. I thought, 'Why not...?'

The only drawbacks?

- Disorganizaton. My God. I'm satisfied with the education that I'm rec'ving. We have some really great instructors, but...SMH

It's not them. It's 'management'. The typical 'right hand doesn't know what the left is up to' type situation. Our instructors are playing it by ear lke us. LOL There's always something crazy going on with the schedule or something crazy going on with the room assignments...or some headupa..sitis type situation going on with the clinical dates.

I knew that something was strange when they kept flagging the militry vets for immunizations. There are, like 5-6 in my class and we were, like, "No - we don't need these immunizations. It says so on record and it says 'exempt' on the freakin' paper.

We are I M M U N E!"

LOL It took like 5 weeks to straighten out. They kept losing the paper even though the woman told us to just slide under her door. Next day? She doesn't have it!

Jesus Christ! Well - where was the paper running off to? LOL

Probably the same place where socks end up after washing them, I'm sure.

Well, graduation is right around the corner. After countless scathing feedback memos, mindless complaining, numerous face-to-face b...h sessions with the instructor and program director?

We're all just too worn out to fight these people any longer. They tried to accomodate but things just got worse. It's like that saying, "If you think our problems are bad, just wait until you see our solutions!"

Meanwhile -- GRADUATION, as I just said, is right around the corner. The countdown has begun. We're all just like, "Get me the hell outta here!"

LOL

- Clinical sites. We keep losing them! We, at least, got to attend the hospitals. The classes behind me? I dunno what they're going to do. It's sim-lab for everyone, I guess. Why do we lose them? The hospitals don't want LVNs there. I've been paying attn to the job openings and...there actually has been a slow-down in the number of LVN positions available. I don't care about working in a hospital right now. The pay is low. More importantly, my first year as a nurse? It's all about getting as much experience and my certifications (ACLS/ IV)...and, at the end of the day? It's about us just getting our foot in the door. I've seen that even the most stubborn among my classmates (those with no med exp who joined b/c of the 'shortage') are happy to take a job - any job - when it's all said and done. I have a few classmates making mad dashes to get their CNAs before graduation. I'm proud that my classmates are realists. LOL I don't want to see anyone fail.

I used to tell them of the struggles that I'd read about on this site - from new grads who couldn't get work - every day and tell them to hush up and be grateful that they have offers to complain about. .

Anyway, yes. During maternity rotation? The hospitals kicked us out because the RN students from another school were there. TWICE!

Why'd I attend a 'for-profit' school?

- I got 1 word and 2 syllables for you: WAITLISTS!

LOL

I'm not kidding around. There's a pre-nursing student at my job who shakes her head at the matter, too. The RN programs in my city boast a 2 year waitlist on average. She's going to Corpus, I think, to finish up her BSN. A good place. It's the border. She should be able to find a job down there.

I wasn't even halfway done with my pre-reqs. When I learned of the wait, it just killed my motivation. Please -- I'm 31, not 21. Everything is on hold until I get out of school. 31 years old is too old to be in this phase of my life: Still in school. Stagnant... and going nowhere.

"What do you do for a living?"

"Oh...I'm a 'career student'!"

Seriously?

LOL

No. It's time to have a life. 'Student' is not a career.

- I'd switched majors (and no I'm not one of those who rode in on the 'nursing shortage' wave. I'm not new to healthcare. Just switching to the nursing side) and didn't have the energy to do the hoop-jumping required for traditional nursing school.

- Way I see it? I'm beating the competition to the jobs. None of us have any idea what this job market's going to look like in 1 year (which is the time that I would've graduated had I chosen an ADN program). There is an influx of people fleeing into nursing right now. I'm 2 steps in front of the horde, honey! LOL Supply/Demand will tilt in Texas. We have too many people coming in from other states and too many other people jumping into nursing right now. Saturation WILL come to the bulk of Texas. Sooner rather than later. It's just a matter of 'when'.

I'd like to get my RN after this...then work on my degree. But...babysteps. My mission at this time was getting my training, getting my nurse credentials and getting my foot in the door... the fastest way that I know how.

I'm pleased with my choice, despite the headaches.

...and, contrary to popular belief, every student attending a 'for profit' isn't a bumbling idiot. In truth, most of my classmates either have med experience (paramedics, xray, medical sec(i forget the technical term., etc...) and/or have already taken their college basics. They're not stupid. They can add. The understand debt-income. LOL

They, like me, hit their heads against a wall and just... gave the traditional schools the 'bird'.

LOL