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Trade school debts




Older pupils at the Bridge Learning Campus learn motor car mechanics on February 24, 2010 in Bristol, England.
Older pupils at the Bridge Learning Campus learn motor car mechanics on February 24, 2010 in Bristol, England.
Matt Cardy/Getty Images

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Trade schools are thriving as people worried about jobs prospects flock to tech, culinary and other vocational schools. But do the schools deliver on promises of well-paid jobs? Some say they leave many students loaded with debt and qualified only for low-wage positions. Federal loans and grants are the primary source of revenue for trade schools. The US Department of Education is considering new restrictions on loans for trade schools.

Guests:


Harris Miller, President & CEO of the Career College Association, which represents 1,400 post-secondary, professional and career education schools

Betsy Imholz, Special Projects Director, Consumer’s Union