A recent study conducted by the National Center for Analysis of Longitudinal Data in Education Research found that students who graduated from for-profit colleges with thousands of dollars in student loan debt have the same chances of getting called back for an interview as a peer who has no college experience at all and zero student loan debt.
According to a report released in 2012, the average cost for a two-year associate’s degree at a for-profit college is $35,000 compared to $8,300 for a similar degree at a community college. The same study also shows that roughly 60%of for-profit college students take out a student loan versus just 13% of community college students.
Researchers of the study sent nearly 9,000 fake résumés to job openings in six different career categories and compared those responses to the responses of applicants that had community college experience or no college experience at all.
Hopefully, studies like these will have scholars thinking twice before they fall for the next for-profit college commercial seen on television.