Career Colleges Release First Economic-Impact Study

The Career College Association, which has begun a full-throated effort to change public attitudes about its institutions, has released the latest salvo in its campaign: a new economic-impact study that says the nation's 2,700 for-profit career colleges directly contribute more than $18-billion annually to the American economy.

The report, released last week, also asserts that, on average, students' investments in career-college educations pay returns of more than 31 percent annually,

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