is college pro a pyramid scheme

I have been working at College Pro part-time for more than a year. I worked 40 hour weeks all summer and didn't make any money.

the high cost of college tuition April 25, 2012 in New York. College Pro as a company is within a larger, publicly traded franchise company. 81 Inter­views. That's why the for-profit colleges have come under such scrutiny in the last few years. Is this your company? Continue Reading. Learn how to enable cookies. Hence why it’s an entrepreneurial development company. Your response will be removed from the review – this cannot be undone. It's just another big lie sold by the media and the financial industry that we all bought hook, line and sinker,” says Hazelton.

rip off royalties are expensive charged … Learn how to enable cookies. There's no doubt that student lending has earned its reputation as predatory," says Hazelton. “Higher education in this country has turned into a giant pyramid scheme.

It's like a free money gold rush for these dubious schools. It's horrifying to see,” says Hazelton.

480 Reviews.

…College Pro was cult-ish and is run like a Pyramid Scheme.Think about it.

Overview Overview. We've been conditioned by the financial industry to believe that borrowing is in our best interests. I cover personal finance, particularly the issues concerning families. That statement was incorrect.

The math simply doesn't work.

Quite frankly, it keeps me up at night worrying for my kids. The bad actors are primarily the predatory for-profit colleges but I also blame the fairy tale that's been crafted about higher learning in this country. “Strict regulation of recruiting practices should be at the top of the list to stop this abuse. The kids are working their butts off bringing in the CASH while a bunch of slackers at the top are raking in the money. I can't tell you how many times I've heard about newly minted college grads with massive student loans and very few job prospects. Your response will be removed from the review – this cannot be undone.

However, he says, there hasn't been much finger pointing about predatory lending being directed at the banks with respect to student loans. experience you wouldn't get anywhere else good on the resume. I have a younger sister who's mired in tens of thousands of student loans. Correction:  The initial version of this story referenced a statement by Bill Hazelton that Education Management Corp. is under investigation by the Justice Department for alleged 'predatory lending practices.' 39 Photos. Now, they lie about how much money student franchisees make in order to sign up more franchisees below them. Engaged Employer. 40 Benefits. 270 Salaries.

Scam. My work has appeared in The New York Times, DailyFinance.com, Money, ABCNews.com, Newsday, Black Enterprise, Essence, AARP.org, Fidelity.com, Consumer Reports Money Advisor, womensenews.org, and many others. Copyright © 2008–2020, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. “Not yet anyway. Follow Add a Review. Overview Overview. Financially, they took over 30% of the profits. 39 Photos.

Misleading students into thinking they'll get the job of their dreams and saddling them with a crazy debt load is at the heart of the issue here.”. Not to mention what it does to debilitate economic activity,” says Hazelton. good on the resume, rip off royalties are expensive ". I have been working at College Pro part-time for more than a year, experience you wouldn't get anywhere else “Unfettered capitalism is to blame, in my opinion. Most of the time, the colleges or schools that are accredited to secure federally secured financial aid are the ones to blame. (Image credit: AFP/Getty Images via @daylife).

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