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Will For-Profit Colleges Make Us Forget Subprime Mortgages?

My observations of NU go back, I have to admit, almost 25 years. Many things about that operation have doubtlessly changed over those many years. But I still don't think that it is possible to earn a legitimate MBA in 18 months while employed full time, and that is just what was going on then. ========== I can tell you my experiences at National back in the mid 80's when I took teacher credentialing classes there-it was a sham. 100%, fully certified scam. I never bought a single book, did NO homework, did no papers, just took the tests-one mid term and one final per class. I recevied "A"'s in every single class. As did 90% of the class. These were "graduate" level teacher ed classes. NU was a "pay for your A" diploma mill then, I bet it still is. The ONLY thing they had going-and why teacher wannabes enrolled- was you could do the credential in less than half the time you could at SDSU with 1/100th of the work. I'm not lying. At SDSU you would have to put in a few hundred hours of study time PER CLASS to get a passing grade. The NU classes at that time were $500 each. The extra money you spent on the classes ($4-$5K) would easily cover itself in the extra year of work you would be able to secure while everyone else at SDSU- in the real teacher ed program- was still in the teacher ed classes. The difference in the education you received at National as compared to SDSU (the top cal-state university) would be like comparing a go-kart to an Indy 500 race car. Night and day.
— July 11, 2010 12:57 p.m.

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