MoJo Mini College Guide

You Know Your College Is Ripping You Off If...

How for-profit schools take students for suckers.

Read also: The rest of the 2010 MoJo Mini College Guide, plus the 2009 MoJo Mini College Guide.

The for-profit education industry—think University of Phoenix, Corinthian Colleges, and schools owned by Kaplan—is booming. Enrollment at these institutions is growing 5 to 10 times faster than in all of higher ed combined. But with that growth has come an onslaught of criticism (PDF) for hard-sell recruiting tactics (PDF), risky loans, and inflated degrees. Here are three warning signs that your for-profit college may be cheating you out of your money—and an education.

You know your college is ripping you off if...

Illustration: John Hersey

Also read: The rest of the 2010 MoJo Mini College Guide, plus the 2009 MoJo Mini College Guide.