Online colleges have gained popularity in recent years, offering convenience and flexibility for students seeking higher education.
However, not all online colleges are created equal. In this blog post, we will discuss seven schools that have gained a reputation for taking students’ money, leaving them broke, and providing degrees that lack respect in the job market.
These schools have faced scrutiny from the US government and have low graduation rates. It is essential to be aware of these institutions to make informed decisions about your education.
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1. American Public University has approximately 39,000 students, but only 18% of first-time full-time students graduate from the school. While they offer relatively affordable tuition at $325 per credit hour, they have been included in the Federal Trade Commission’s notice of penal health offenses in higher education. This list investigates false promises made by colleges regarding job prospects and expected earnings.
2. University of Phoenix:
The University of Phoenix is a well-known institution with 70,000 undergraduate students. While their graduation rate is higher than some other schools on this list (27%), they have a long history of scandals. The school has faced fines, allegations of unethical practices, and a decline in graduation rates. The US Department of Veteran Affairs has even suspended GI Bill reimbursement eligibility for University of Phoenix students due to deceptive recruiting practices.
3. Strayer University:
With 28,000 students, Strayer University has relatively few scandals compared to other schools on this list. However, their graduation rate is low at around 16%, and they charge $508 per credit hour, making them one of the most expensive schools on this list.
4. Capella University:
Capella University has 13,000 students, but only 21% of them plan to graduate. While they advertise affordable credits ranging from $350 to $415, they fail to mention that their degree programs require 180 credits. This means that students end up paying a minimum of $525 per credit hour, making Capella University the most expensive school on this list.
5. American InterContinental University:
American InterContinental University, owned by Perdoceo Education Corporation, graduates only 19% of its 10,000 students. They charge $345 per credit hour for a 180-credit degree, which is misleadingly priced compared to other online schools. The school has faced investigations, lawsuits, and compliance audits due to alleged fraudulent practices.
6. Colorado Technical University:
Colorado Technical University, also owned by Perdoceo Education Corporation, has 22,000 students with a graduation rate of 22%. They advertise affordable credits at $340 per credit hour but require 180 credits for their degree programs. This means students end up paying more than they initially anticipated.
7. DeVry University:
DeVry University graduates 20% of its students and charges $514 per credit hour, making it one of the most expensive schools on this list. The school has a long history of investigations, lawsuits, and settlements related to poor education quality, deceptive practices, and false advertising.
Conclusion:
While online colleges offer convenience and flexibility, it is crucial to research and choose reputable institutions. The seven schools mentioned in this blog post have faced scrutiny from the US government, have low graduation rates, and charge high tuition fees. It is essential to be aware of these schools’ reputations to make informed decisions about your education. Remember, there are reputable online colleges available that offer respected degrees at affordable prices.
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