Thread regarding Education Management Corporation layoffs

In the past five years, Americans have become increasingly aware that many for-profit colleges – the career training schools that bombard TV, websites, and city buses with slick advertisements promising high- paying careers – are a bad deal for students, and that some of them are simply scams. These schools have been caught luring students with false promises about the cost of programs and the value of degrees – and then leaving them unemployed and deep in debt.