01-17-2014, 08:28 AM
publius2k4 Wrote:I'm not attacking them for accepting me. I had no doubt that I'd be accepted into the program. I'm only remarking on how easy it is to get sucked in to their system too quickly. For me, it's not an issue, but for some unsuspecting single mother, those two hours that it took to get signed up could lead to $50k+ in student loans that she might be unable to pay back....The system at Capella is designed to get you paying them as quickly as possible. This trend is going to eventually cause similar economic issues to the sub-prime mortgage lending debacle of 2008...when hundreds of thousands of unemployed college graduates can't pay their $50-60k student loan debt. Capella has an ethical responsibility to these students, just like the sub-prime lenders had an ethical responsibility to their customers.
My business credits from WGU were acceptable. Quality Operations and Mgmt, Org Behavior, Fin. and Man. Accounting, Management, Marketing, etc....it was enough to establish competency.
Some of my students at an expensive, nationally accredited, for-profit college are starting to feel duped. I thought all of them were warned ahead of time about the difficulty of transferring credits, but that is apparently not the case. They were surprised when I told them the local community colleges charge $2,000 per year and that their grants would have covered tuition and books with money leftover. Our associates programs are nearly $30,000. The salespeople, excuse me, admissions people told them they would be making a lot of money with their certificates and associates in CJ. By the time they get to career services at the end of the program, they are being told to expect $8 or $9 an hour. The two biggest law enforcement agencies in hour area won't even recognize their degrees. `
I know Cahella, University of Satan, Kap 'em, Wall 'em, Strayaway, and Deprived University are regionally accredited so they don't have the transfer credit issues, but they operate the same way. They prey off of the misinformed and uninformed who are usually the military, single parents, impoverished, and intellectually challenged. Their goal is not to educate and get people through the whole degree program. All they have to do is get the students through a few courses before they turn a profit. That is why Ashes University is renting the Forbes name for their business school (discussed on the other forum) at a down payment of $15 million and annual payments of $2.5 million. I'm not a marketing expert, but I would think a school would attract more students by offering scholarships. University of Satan tried to market its way out of losing hundreds of thousands of students. They are now offering scholarships.
Graduate of Not VUL or ENEB
MS, MSS and Graduate Cert
AAS, AS, BA, and BS
CLEP
Intro Psych 70, US His I 64, Intro Soc 63, Intro Edu Psych 70, A&I Lit 64, Bio 68, Prin Man 69, Prin Mar 68
DSST
Life Dev Psych 62, Fund Coun 68, Intro Comp 469, Intro Astr 56, Env & Hum 70, HTYH 456, MIS 451, Prin Sup 453, HRM 62, Bus Eth 458
ALEKS
Int Alg, Coll Alg
TEEX
4 credits
TECEP
Fed Inc Tax, Sci of Nutr, Micro, Strat Man, Med Term, Pub Relations
CSU
Sys Analysis & Design, Programming, Cyber
SL
Intro to Comm, Microbio, Acc I
Uexcel
A&P
Davar
Macro, Intro to Fin, Man Acc
MS, MSS and Graduate Cert
AAS, AS, BA, and BS
CLEP
Intro Psych 70, US His I 64, Intro Soc 63, Intro Edu Psych 70, A&I Lit 64, Bio 68, Prin Man 69, Prin Mar 68
DSST
Life Dev Psych 62, Fund Coun 68, Intro Comp 469, Intro Astr 56, Env & Hum 70, HTYH 456, MIS 451, Prin Sup 453, HRM 62, Bus Eth 458
ALEKS
Int Alg, Coll Alg
TEEX
4 credits
TECEP
Fed Inc Tax, Sci of Nutr, Micro, Strat Man, Med Term, Pub Relations
CSU
Sys Analysis & Design, Programming, Cyber
SL
Intro to Comm, Microbio, Acc I
Uexcel
A&P
Davar
Macro, Intro to Fin, Man Acc