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I was wondering if there is anything you can do about colleges that lie about placement and salaries that get you to invest your time and money in the programs? Is there any regulation at all of this?
I was wondering if there is anything you can do about colleges that lie about placement and salaries that get you to invest your time and money in the programs? Is there any regulation at all of this?
Most of that data is from surveys from graduates....
School spokesman: "College graduates make on average $$$ more than high school graduates in lifetime earnings".
What the student heard: "We (the school) will guarantee you will make $100K/year immediately upon graduation in what ever field you choose to major in".
Well for one, I had a recruiter call me saying "there were more jobs than graduates". There was no survey taken and it is clearly a lie. Then their website said that according to the BLS, the starting salary is X amount. But when you go to the BLS it does not say that much and it only lists average salary for everyone which is still lower. They specifically bolded "starting."
School spokesman: "College graduates make on average $$$ more than high school graduates in lifetime earnings".
What the student heard: "We (the school) will guarantee you will make $100K/year immediately upon graduation in what ever field you choose to major in".
Some colleges have a list of careers with the median salary given. College graduates already know they'll most likely be getting paid much more than their counterparts who simply have a high school degree. That's one reason they may have gone to college in the first place. If you're wary of the credibility of the figures, then Occupation Outlook Handbook has some believable statistics on almost all careers/jobs.
To the OP: That reminds me of an article I read where one school lied about it's acceptance rate to make it seem more appealing and to receive more applications since the acceptance rate implies that it's competitive or simply receives many applications. Is there anyone who cares about this? I doubt people would pay much attention to things such as that. They'd probably be more focused on the quality of the school, in general, such as the professors, equipment, facilities, etc. Although, people may be different and choose based on other things.
Well for one, I had a recruiter call me saying "there were more jobs than graduates". "
IMO if a recruiter (admission counselor) is calling you that is a big red flag. Unless you are a star athlete or similar, counselors do not call.
Did you ask to talk to any of the recent grads that had these jobs and was making great money because there were more jobs than graduates? Or did you just believe the counselor?
You can look into the law schools that were sued for placement number fudging a few years ago. From what i remember, those cases didn't get very far. And yes, as others have stated, the information they publish is directly from student surveys, but not sure if there is a governing body overseeing this process. Most schools are very mindful of publishing the data as accurately as possible, so as not to open themselves up to lawsuits.
That begin said, do not base life decisions based solely on someone else's numbers.
IMO if a recruiter (admission counselor) is calling you that is a big red flag. Unless you are a star athlete or similar, counselors do not call.
Did you ask to talk to any of the recent grads that had these jobs and was making great money because there were more jobs than graduates? Or did you just believe the counselor?
Why do you say that? Admissions counselors call prospective students all the time. It's pretty standard practice...and not just athletes--coaches call athletes, not ad comms. Having had our phone ringing off the hook for the past 2 years, they call plenty!
I agree with golfgal. My kids were all called, sometimes several times and they were not athletes. They did apply to colleges that we felt would want them more for other reasons, but nothing really amazing.
I'm not saying that some recruiters don't lie over the phone, but for the most part, I think they are just normal people trying to get prospective students into their school, saying what they think will work. As with anything... caveat emptor.
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