The New Poor
In Hard Times, Lured Into Trade School and DebtBy PETER S. GOODMAN
Published: March 13, 2010
One fast-growing American industry has become a conspicuous beneficiary of the recession: for-profit colleges and trade schools.
At institutions that train students for careers in areas like health care, computers and food service, enrollments are soaring as people anxious about weak job prospects borrow aggressively to pay tuition that can exceed $30,000 a year.
But the profits have come at substantial taxpayer expense while often delivering dubious benefits to students, according to academics and advocates for greater oversight of financial aid. Critics say many schools exaggerate the value of their degree programs, selling young people on dreams of middle-class wages while setting them up for default on untenable debts, low-wage work and a struggle to avoid poverty. And the schools are harvesting growing federal student aid dollars, including Pell grants awarded to low-income students.
http://www.nytimes.com/2010/03/14/business/14schools.html?src=me&ref=generalHere's some advice for you if you decide to get into training for regulated trades:
-find out how alumni at your schools of interest are finding their vocational job search going; check the post-graduate surveys from the past years and talk to registration staff.
-what are the regulatory bodies requiring of you in professional fees and course commitments? How long are apprentices needing to apprentice? What is the apprenticeship process like and what barriers exist i.e. have to be recommended by experienced or senior person in the regulatory body, limited number of spots open, followup to queries, does a person have to try other area chapters.
-how detailed is the background check on you going to be when you register with the regulatory body? Can you reach past employers, etc from all sites/countries? If you are intending to be working with youth or the elderly or vulnerable people, do you have any past charges in your history? It can screen you out from registration.
-how are the courses going to be given and how much flexibility is there in scheduling? Are there support services provided with your fees?
-if you cannot find a job in your intended field, will the training have transferable skills that can be used in a different field?