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> for profit college system in the us, where a lot of the programs were fake. The programs in the US weren't fake ... The US government (VA, etc.) didn't like
by redis_mlc 6y ago
> for profit college system in the us, where a lot of the programs were fake.
The programs in the US weren't fake ...
The US government (VA, etc.) didn't like paying for schools that had low graduation rates, or had high student loan defaults, so closed them. In some cases, legit trade schools were closed, like Wyotech:
https://en.wikipedia.org/wiki/WyoTech https://en.wikipedia.org/wiki/WyoTech
Ironically, this being HN, private investor groups trying to monetize education were behind a lot of the closed schools.
- analog31 6y agoMaybe the term "fake" is over-used, but I meant something along the lines of selling people an expensive training that leaves them in debt and unemployable. Some of those schools also made hyperbolic claims about the career prospects and earnings of their graduates.