For-profit colleges padding their job placements? We are shocked

HS Computer class
No, not really, since I used to work at one of these scams places. Let’s just say that someone who graduates, gets a good job and is happy they went to one of these schools is the exception, and not the rule:

Eric Parms enrolled at an Everest College campus in the suburbs of Atlanta in large part because recruiters promised he would have little trouble securing a job.

He’d seen the for-profit school’s television commercials touting its sterling rates of job placement, and he’d heard the pledges of admissions staff who assured him that the campus career services office would help him find work in his field.

But after completing a nine-month program in heating and air conditioning repair in the summer of 2011 — graduating with straight As and $17,000 in student debt — Parms began to doubt the veracity of the pitch. Career services set him up with a temporary contract position laying electrical wires. After less than two months, he and several other Everest graduates also working on the job were laid off and denied further help finding work, he says.

Even that short-lived gig wasn’t secured on the strength of Parms’s degree. The college had paid his contractor $2,000 to hire him and keep him on for at least 30 days, part of an effort to boost its official job placement records, according to documents obtained by The Huffington Post. The college paid more than a dozen other companies to hire graduates into temporary jobs before cutting them loose, a HuffPost investigation has found.

Everest College’s $2,000-per-head “subsidy” program in Decatur, Ga., stands among an array of tactics used for years by the institution’s parent company, Corinthian Colleges Inc., to systematically pad its job placement rates, according to a review of contract documents and lawsuits and interviews with former employees.

Thanks, Edward Tayter.