How to avoid fake for-profit tech colleges that exploit Black people. This video is about Fake For-Profit Tech Colleges Exploit Black students with third-ratee education and Massive Debt. A new classification of higher education institutions shows that when grouped by their net price and the percentage of their students who were subsequently repaying student loans, for-profit four-year colleges were the worst-performing institutions. The researchers looked to what happened after the Great Recession in 2008. They examined the last decade’s enrollment patterns, labor market outcomes, and default rates among college students to get a better understanding of how well different types of colleges served their students. The study found that the proportion of students completing their certificate or degree differed greatly depending on their background characteristics and the type of institution they attended. The six-year graduation rate for Black students entering higher education in fall 2012 was 42.9% at public four-year universities and 45.5% at private non-profit four-year universities. It was only 14.2% at for-profit four-year institutions. Although Hispanic students were more likely to graduate than Black students across all institution types, the pattern of lower six-year graduation rates at for-profit four-year institutions was the same for them – 55.2% completing at public four-year institutions, 57.1% completing at private non-profit four-year institutions, and just 28.1% completing at for-profit four-year institutions.
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