Friday, October 1, 2010

Everest College sued; for-profit colleges under fire

Everest College's Milwaukee campus on North 6th Street, a block north of Milwaukee Area Technical College's flagship downtown campus, is bustling with activity as the newly established for-profit college plans to open its doors.

The Everest development was the subject of controversy last year when it received $13 million in interest free bonds from the City of Milwaukee.

Across the country Everest and its parent corporation, Corinthian College inc., continue to be the target of harsh criticism for extraordinarily high student loan default rates and for misleading students about job placements and credit transferability.

Corinthian is one of the most active for-profit colleges in opposing proposed federal regulations that would require proprietary colleges to meet quality standard's to remain eligible for federal financial aid.

Yesterday, USA Today's education reporter, Mary Beth Marklein reported that Everest had been sued because credits it promised would transfer did not.

Marhlein writes:

For Chelsi Miller, the wake-up call came when University of Utah officials said her credits wouldn't transfer from her old school.

Utah's flagship public university accepted her to its pre-med program last fall but said her courses at Everest College, a national for-profit institution with a campus in Salt Lake City, wouldn't count toward her bachelor's degree. That left Miller with a 3.9 grade-point average for an associate's degree that she says did nothing to advance her education and career goals. And, she has more than $30,000 in student-loan debt.

She says Everest misled her when it suggested her credits would transfer and misrepresented what it would cost her.

"I feel as if I had been sold a college experience from a used-car salesman," says Miller, 26, of Midvale, Utah, who last week filed a class-action lawsuit in state court with two other students accusing Corinthian Colleges, Everest's owner, of fraud.

The rest of the story is linked.


Kevin said...

Didn't the Milwaukee Journal support everest's move to Milwaukee with an editorial backing incentives?

Michael Rosen said...

The city provided a developer with $13 million in interest free bonds to redevelop a building that is anchored by Everest College. There was a an effort by the Alderwoman who represents the area and others to deny the developer and Everest a zoning change they needed to proceed. The Milwaukee Journal Sentinel editorialized in favor of the zoning change.

Anonymous said...

Please take the time to truly understand what you are talking about, research drop rates in traditional colleges, this is a career college and is not run on semesters but Mods which allows the student to zero in on the exact program of study so they are prepared to be successful and gain certifications. This will allow for money for food on the table and to better their lives and support their families. Please reflect back on the underwhelming quality of education here in Milwaukee's high schools where they are just graduating students without educating them properly and how damaging that can become on self esteem and worth if they do not tap into all that is in the student and ask ourselves if we could help and give the community training in the medical field that is nothing less then a representation of stability why would anyone fight against that. If you feel Everest is so much the negative of false hope and promises I would invite you to come in and see the campus, meet the staff, students and then you can determine if you would like to lump Everest College Milwaukee in with every other Campus. I know in my heart that in this next year with our graduates and standards that we are committed too, you will see how much a positive impact we will be in this community and it will only bring a nice quality of life to the amazing people that live here.

Anonymous said...

Please take the time to realize these types of colleges put time and money into a institution like this for only one reason. That is to make profit. Diploma mills like these never really do anything more than put an individual into more debt than they have ever seen to get paid less than 10 dollars in hour. It is sad to see that they actually managed to take tax payer money and have turned it around to rob the poor and ignorant. Yes ignorant unfortunately that's the easy money because those people don't know any better. They throw millions of dollars into misleading advertisements to encourage people to come and join the school. Their employees are trained to get anyone into school regardless.

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