Many For-Profit College Graduates Earn Less Than Minimum Wage
Taxpayers may not be getting good value for investing in for-profit colleges, the feds say.
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About a third of recent for-profit college graduates attended career-training programs whose typical graduate annually earns less than the federal minimum wage, new federal data show.
Vocational programs, common at community colleges and for-profit schools, are meant to help graduates land well-paying jobs.