With studies showing that for-profit college degrees create more debt and no more added value for students, many are questioning the merits of these institutions. Here are the pros and cons of for-profit colleges:

PROS



Degree will really mean something to prospective employers who know your alma mater from its storied legacy of federal investigations



Better cosmetology program than Dartmouth



Post-graduation earning potential boosted by payout from class-action lawsuit



No Greek life



Abundant daytime infomercials let you relive your glory days



Opportunity to form a lifelong relationship with creditors



The best way to learn is by making mistakes



CONS



Campus events limited to helping administration shred documents



No room for Frisbee circle in strip mall parking lot



Suing the founder for damages will be really difficult if he wins the presidential election



Having to sit through 162,000 names at graduation



Seeking career training from people whose own salary benefits from your debt might not be best strategy



Classroom dynamic repeatedly thrown off by teacher being peppered with questions from state attorney general



All knowledge gained will be repossessed when college goes bankrupt