10 colleges least likely to pay off

Higher education usually is a financially smart decision, but at some schools the return on investment can be questionable.

Scot Meyer, SwitchYard Media, Special to MSN Money

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143Comments
Jul 9, 2013 7:45PM
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This list doesn't even put a dent in all the worthless universities/colleges in the country!
Jul 9, 2013 9:33PM
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Some years back, I once considered continuing my education at the Art Institute of Dallas. I knew it was going to be expensive before I even considered fees and tuition. It isn't cheap for a young student to live in Dallas, especially in the area where the school is located. (They didn't have dorms back then.) So, I knew I would have to just make the two-hour commute there and back from my parents' home in Oklahoma. But, after I talked to one of their advisers, I changed my mind about going there real quick. First off, they told me that tuition and fees for my field would be nearly $40k per year. I had been attending a local junior college, and tuition there was only about $1,600 per year for 12 credit hours per semester. Talk about sticker shock! And, secondly, they told me that, not only would the college credits I already had not transfer to their school, but any credits I earned there probably wouldn't transfer to another school unless it was another Art Institute. No thanks! Taking on such a huge debt at such a young age - especially for an art-based degree - was definitely not appealing. And, the whole credit-transfer issue just seemed a bit shady to me. If "real" colleges wouldn't accept credits from there, it kind of made me question the quality of their education.
Jul 9, 2013 10:35PM
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I know more people that went to a 2 year Tech school making more per year than a lot of people with a 4 year degree from a so called elite college.
Jul 9, 2013 7:42PM
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the art institute of pittsburgh.... like pt barnum said "there's a sucker born everyday"
Jul 9, 2013 7:55PM
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Never heard of any of these schools.....
Jul 9, 2013 9:05PM
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I would say all colleges aren't worth what people are paying to attend. I still can't figure why the rates go up substantially every year when the colleges over head doesn't change. The more people can get a loan for, the more the colleges want to attend.
Jul 9, 2013 11:40PM
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Art Institute of Pittsburgh, biggest rip-off their is,empty promises of finding you a job, work is good enough when you start till you have so much invested, just need to pass that one class and  "I'll be done" Took 5 times to p**** that one class,get my worthless piece of paper. "We'll help you find a job, my advisor doesn't work there anymore. They consider Mcdonalds job placement another success story. Go to congressmen for more subsidies.  Wake up this is not a higher learning facility it is a money pit for students, parents and Tax Dollars. Parents beware they will blow sunshine so far up your sons or daughters ****,how talented they are and all the opportunities that await them.   
Jul 10, 2013 12:28AM
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No college is worth the money if all you want is job training. The point is college is to enrich your life by creating an ability to study with great curiosity. The payoff is a better understanding of origin of ideas, how to create your own and most important an ability to evaluate situations using logic.

 

Given politics is a series of situations one would think voters could do better in sorting out who represents them if more college degrees were available. Maybe that's why congress won't lower interest rates for college loans. Partisan politics rules America to the detriment of US.

Jul 10, 2013 7:33AM
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NONE of the universities in the country are currently worth the price of admission.  I recruit and I can say unequivocably that today's 4 year college degree is today's high school diploma.  All the unviersities and professors are interested in is filling seats, getting tenure and collecting tuition. Period, that's it and all about it.  They do not care if the graduating student learns anything, or is adequately prepared for a job. I recruit in the geosciences and I find the most colleges teach for the job market of 20 years ago.  They still graduate kids for jobs that no longer exist and markets the are completely saturated.  They cheat the students of the tuition money not by comission, but omission. Its what they don't tell them that hurts them, either deliberately misleading them or because the professors/advisors are incompetent and just don't care.  I know I taught as a grad student and I know how much emphasis departments placed of filling "seats" and not educating.  The "bread and butter" classes were taught in theaters to 300 students at a time and basically funded the department.  The real teaching was done by us, one on one in the science labs of 20 students or so.  Tuition costs have skyrocketed.  My old alma mater, Old Dominion in Norfolk, has increased tuition 21% a year since I graduated.  Going from $525 a semester in 1980  to $8550 a semester in 2013, based on a 15 credit hour per semester class load. I graduated $7000 in debt in 1980 after 4 semesters of undergraduate work and 2 years of graduate work with a MS and was debt free in 3 years. Today's college education system is a travesty. My daughter just graduated with an RN from OU in Oklahoma, thankfully she attended on a full tuition scholarship. But she has more debt than I did on graduation, simply paying for rent, books, and university fees. Colleges find everyway they can to milk students or their parents for money. $100 plus per year parking fees?  They rock soup you at every turn.  And even gouge you for graduation fees at the end that cost upwards of $500 when it is all totalled up.
Jul 9, 2013 10:23PM
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I attended AIP 1990-1993.  I graduated, and never did anything in the art field since.  What a waste.

Yes I could of perused an a career, but the money wasn't there.  I admit it I was the sucker that bit the hook.   

Jul 9, 2013 11:42PM
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I dont know about the others but The Art Institute is totally worthless... I guarantee you can receive the same even better training at a community college. After one semester at one of the Ai, I took off right away
Jul 9, 2013 10:44PM
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news flash - most are not worth what you have to pay for them. 100,000.00 or more to get a job that pays 10 bucks an hour or no jobs in the field that are even available. waste of time and money.
Jul 9, 2013 8:25PM
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University of Maine at Presque Isle........... HUGE RIP OFF!
Jul 9, 2013 10:45PM
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i'm really shock Art Institute of Pittsburgh on there. i see them on TV all the time..
Jul 9, 2013 10:37PM
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10 Colleges that screw the students.  Thanks.
Jul 9, 2013 11:40PM
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If you have a brain there are still trade jobs you can get into with some short tech school training specific to the trade. Then you work your way up by your performance making as much or more than most college grads.
Jul 10, 2013 12:34AM
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Where are all the for-profit bozo schools like University of Phoenix, Brown College, and Globe University???

 

The other schools may be expensive, but at least they are legitimate institutions (or at least most of them seem to be), unlike their for profit counterparts that have absolutely no admissions standards.

 

No admissions because they "serve people who fell through the cracks."  Or to put it in other words, take the money of people who have no business going to college and are too dumb to know the difference between a real university a for profit.

Jul 9, 2013 8:03PM
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St. John's College Santa Fe NM, worst college in the country if not the entirety of North America.
Jul 10, 2013 1:29AM
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 "They are not highly compensated, but they are highly valued"

That's classic. 
So what she is saying is, "we charge this tuition knowing full well students will never make back the cost of the degree." 

That sounds worse than anything the banks and credit card companies are doing. 

And how did tuition at every Tom, Dick, and Harry college get so expensive?! Thank goodness I finished college before the dot com boom, because that appears to be when tuition levels strapped on a rocket and shot into the stratosphere. 


Jul 9, 2013 11:41PM
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National College of Business (now part of the National American University, or NAU) in Rapid City, SD is without a doubt, the worst college in the USA.  NAU tried to recruit the son of a friend of mine by claiming that a 4 year NAU Computer Science Degree was the same as a 4 year Computer Science Degree at the South Dakota School of Mines and Technology (SDSMT), which is just down the road .  As a favor to this kid, I compared the curriculums of NAU and SDSMT.  THE NAU classes taught in their 4 year program were covered in the first year at SDSMT.  Further analysis indicated that the NAU degree was more of an advance data processing/data entry degree that could be picked up at any junior college in 1 year.  The worst part was the cost.  The cost per tuition hour at NAU was about 9 times the cost of the junior college.  Enough said
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