“Who are the 99 percent?,” Ezra Klein, The Washington Post (via hold-a-wolfs-ears)
The school I attended is being sued by the government for fraud. This isn’t some small-time hack school. It’s the Art Institute, a chain of for-profit colleges with real accreditation and campuses all across the country. They knowingly loaned huge amounts of money to low-income students who they knew could never afford to pay it back. They kept students who they knew didn’t have the skills to get proper job placement in their chosen field. And they happily gobbled up the federal loan money and left these students to the wolves, such as Sallie Mae, who is faced with a class-action lawsuit. They make a profit when students default on their loans.
They didn’t just lie to us. They concocted a scheme to get rich off of our misery. They profit by destroying our lives.
Reblogging because I have a friend who went to the Art Institute and this is happening to her right now.
I fucking wanted to go to one of those places once too. Fuck that.
Ho-lee-crap…I had the choice to go to the Art Institute but decided not to when they harassed me for months. No joke, they called all hours of the day, called my high school, anywhere they could get the phone number to. They were worse than military recruiters, and they honestly scared me.
Now I’m extra glad I didn’t go.
I went to the Art Institute.
I am so fucked.
BEHOLD the exact reason I refused to go to either the Institute or Al Collins. I did the walk through and called bullshit. Until the system comes up with a way to help educate and furthermore employ struggling artists, I refuse to pay into their system. An animation degree is $75k+. Guess how much they make on hourly wage, if they aren’t Glenn Keane. Go on, guess.
Ahhhh student debt, my personal bugbear. As a college graduate with university experience working nights at a coffee shop for minimum wage, guess what my personal thoughts on post-secondary education and the loans needed to attend are?
I spent $40K to wind up in a position where I work alongside people still in high school. And the biggest lesson I learned was that if you really want to get ahead, what you need to know? Is the right people. :\