All I wanted was to do what I was taught was right when I graduated high school: to get a college degree and make my parents proud.
My passions fall into art. I searched and searched and found the perfect art college I could join, right by my parents’ house. This way I could still live with them while I finished my schooling.
Little did I know that “The Art Institutes” are for-profit private schools that have been building a reputation as loan farmers. What they do is use scam business practices and fake numbers and statistics like “85% of our graduates have a full time job the first 6 months out of school.” These statistics were what got me to join.
They then force you to get federal student loans and go through their recommended private bank partners, like Sallie Mae, to loan your money to you.
I’ve seen 7/10 of first year students get tricked into joining the audio productions degree program there because they were led to believe that it was something that it was not. They also brush the tuition of $90,000 under the table while they register you and make sure you are confident and trusting when you join.
I realized their scam too late. After two years in the program, I realized there was no real guaranteed jobs for my degree–that this degree was just made up out of no where, and that I could have went into this field and been successful without even going to college! I also witnessed the school screw over my classmates first-hand and put them $15-20,000 in debt for a year only to realize they were lied to from the beginning about what the school was really about. I am already a senior in the school so it is too late to pull out now. I’m going to finish the degree and hope I will find a job that will be good enough to pay the 600 monthly payments on student loans I will have to pay as soon as I graduate. But I know already that this is unlikely. I understand this field now, and now I will have to be very lucky to ever make enough money to pay this off easily.
With Sallie Mae’s ridiculous, selfish interest rates, I will pay $120,000+ for a stupid art degree that doesn’t mean anything.
These for-profit private schools the Art Institutes are loan farmers, are selfish. They don’t care about art or music. They care about manipulation and money, and I was a sucker. Now will have to struggle the rest of my life with no guaranteed job at all to pay this mistake off.
Thank you America.
– Anonymous –