Students who attended for-profit private colleges in the United States to learn a trade saw their earnings drop. The report by the National Bureau of Economic Research said, on average, people who attended for-profit colleges made $920 less per year after they left school compared to before they started. People who attended public two-year colleges earned about $1,500 more per year than they did before starting their studies, the report said. And, the report noted that about nine out of 10 students borrowed money to attend for-profit colleges. The average debt for people attending two-year for-profit colleges was $8,000, according to the report. The report looked at schools preparing students for a number of trades, including health-care assistant, dental assistant, auto mechanic and cosmetologist. A cosmetologist works in a hair salon, cutting hair and creating styles for customers. Among the vocational trades examined by the research, only cosmetology programs appear to bring better pay in the for-profit sector, the report said. But overall, researchers found that many students who attended for-profit schools were worse off financially than they were before going to these colleges.
Title: Students at For-Profit Colleges Are Worse Off
Content: <div id='article-page'><div id='article-content' data-media-url='//news-app-staging.s3.amazonaws.com' data-base-url='//news-app-staging.herokuapp.com' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/prof_audio.m4a' data-capture-url='//staging.analytics.lingraphica.com/events/capture_news' data-article-title='Students at For-Profit Colleges Are Worse Off' data-article-id='1635'><script src='//news-app-staging.herokuapp.com/javascripts/getscripts.js'></script><link rel='stylesheet' href='//news-app-staging.herokuapp.com/stylesheets/article.css' type='text/css' /><div class='article'><p><span data-start-time='0' data-end-time='8250'>Students who attended for-profit private colleges in the United States to learn a trade saw their earnings drop.</span> <span data-start-time='8250' data-end-time='24250'>The report by the National Bureau of Economic Research said, on average, people who attended for-profit colleges made $920 less per year after they left school compared to before they started.</span> <span data-start-time='24250' data-end-time='35313'>People who attended public two-year colleges earned about $1,500 more per year than they did before starting their studies, the report said.</span> <span data-start-time='35313' data-end-time='43250'>And, the report noted that about nine out of 10 students borrowed money to attend for-profit colleges.</span> <span data-start-time='43250' data-end-time='51833'>The average debt for people attending two-year for-profit colleges was $8,000, according to the report.</span> <span data-start-time='51833' data-end-time='63917'>The report looked at schools preparing students for a number of trades, including health-care assistant, dental assistant, auto mechanic and cosmetologist.</span> <span data-start-time='63917' data-end-time='71021'>A cosmetologist works in a hair salon, cutting hair and creating styles for customers.</span> <span data-start-time='71021' data-end-time='82479'>Among the vocational trades examined by the research, only cosmetology programs appear to bring better pay in the for-profit sector, the report said.</span> <span data-start-time='82479' data-end-time='93792'>But overall, researchers found that many students who attended for-profit schools were worse off financially than they were before going to these colleges.</span> </p></div><div class='control-buttons-sticky' style='display:none;'><div class='control-buttons'><button title='Back' class='back' disabled='disabled'></button><button title='Play' class='play' disabled='disabled'></button><button title='Pause' class='pause' style='display:none;'></button><button title='Forward' class='forward' disabled='disabled'></button><button class='finished-reading' style='display:none;'>Done</button></div></div></div><div id='article-media'><div id='media-image'><img src='https://news-app-production.s3.amazonaws.com/articles/1146/profit_img.jpg'/></div></div><div id='question-content' style='display:none;'><div class='vocabulary_question question-container' data-question-id=6481 data-hint-location='0' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/what_does_trade_mean.m4a'>What does trade mean?</div><div class='choices' data-correct-choice='a job that requires special training'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/a_job_that_requires_special_training.m4a'><span>a job that requires special training</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/to_limit_or_change.m4a'><span>to limit or change</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/an_amount_of_money.m4a'><span>an amount of money</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/in_a_worse_position.m4a'><span>in a worse position</span></div></div></div><div class='multiple_choice_question question-container' data-question-id=6482 data-hint-location='35313' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/what_do_most_students_do_to_attend_the_forprofit_colleges.m4a'>What do most students do to attend the for-profit colleges?</div><div class='choices' data-correct-choice='borrow money'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/borrow_money.m4a'><span>borrow money</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/scholarships.m4a'><span>scholarships</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/save.m4a'><span>save</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/work.m4a'><span>work</span></div></div></div><div class='sentence_completion_question question-container' data-question-id=6483 data-hint-location='8250' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/graduates_of_forprofit_colleges_make__blank__per_year_than_they_did_before_starting_the_school.m4a'>Graduates of for-profit colleges make <span class='blank'>less</span> per year than they did before starting the school.</div><div class='choices' data-correct-choice='less'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/double.m4a'><span>double</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/equal.m4a'><span>equal</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/more.m4a'><span>more</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1146/less.m4a'><span>less</span></div></div></div><div class='question-buttons'><button class='skip-button'></button><button class='hint-button'></button><button class='speak-button'></button></div></div></div>
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