Monday, April 27, 2015

For-profit college operator Corinthian Colleges is shutting its doors

In the news:

For-profit college operator Corinthian Colleges said it would immediately shut down all its remaining campuses and cease substantially all other operations.

Increased regulation has hurt for-profit education companies such as Corinthian, Apollo Education Group Inc., and Strayer Education Inc., which have struggled to attract students since a 2010 government crackdown revealed high student debt loads, low graduation rates and poor employability of graduates.

Can anyone think of another academy that offers high student debt loads and low employability, the latter in some cases worse than before they matriculated? Nope, me neither.

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Saturday, April 4, 2015

March 2015

Too bad the BLS numbers didn't come out on April 1. I could have had all kinds of fun with them. Briefly, this blog just celebrated its fourth anniversary and employment hasn't budged since I started it. That wouldn't be a problem if the number of graduates roughly matched people retiring from the "profession," but that hasn't been the case in decades.

Anyhow, if you're anxious to get smacked upside the head, now is a fine time to head to law school. Any time is a fine time to head to law school.

Not seasonally adjustedMarch20141,118,000
Seasonally adjustedMarch20141,121,700
Change from Feb-15 to