Daymar College "NOTORIOUS" SCAM

Daymar College "NOTORIOUS" SCAM

Posted in the Paducah Forum

Since: Apr 11

Location hidden

#1 Apr 14, 2011
The Perils of For-Profit Education

For-profit education is “a huge, incredible scam” according to attorney Kenneth Sales, who is representing the plaintiffs in a lawsuit against a particularly notorious for-profit outfit called Daymar College. When looking at the evidence, it’s hard to disagree with him:

According to the complaint [PDF], Jennifer Duncan, a plaintiff in the lawsuit, says that she tried transferring the credits she earned in the school’s pharmacy technology program to numerous colleges and was denied; in part because the faculty “taught obsolete techniques and theories on outdated equipment.” As of the complaint’s filing, Duncan said she works as a cook and has incurred massive amounts of debt.

Additionally, 16.56 percent of Daymar’s students who graduated in 2008 had defaulted on their loans by 2010, according to data released by the Department of Education. To put that in context, just 2.4 percent of 2008 graduates of the University of Kentucky defaulted by 2010. And the Department of Education will soon begin monitoring schools at a three-year default rate; when you look at these figures, the percentage of 2008 Daymar graduates who defaulted by 2011 was 40.92 percent. And while that percentage might seem startling, it’s even starker when you look at the actual number of Daymar students who default: 257 students defaulted in the third year after graduation, compared with 104 in the second year, more than double.

One plaintiff in the lawsuit, Brittany Dixon, alleges in the complaint that she was charged for room and board by the college even though she lived in her own home and arranged her own transportation to and from the campus.

Kenneth Sales, one of the lawyers representing the plaintiffs in the lawsuit, says,“They are accredited for nothing. No major university will accept their credits or transfer [them].”
This entry was posted on Saturday, April 9th, 2011 at 9:22 pm and is filed under Education. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Comment to “The Perils of For-Profit Education”
Chirper says:
Please note that while the students defaulted on loans, that Daymar skips off with their money and taxpayers are left holding the bag.
Nice scam they have going. Why isn’t Rand Paul all over this? Daymar hurts the entire state of Kentucky in so many ways. Students are saddled with tremendous debt, basically useless degrees for substandard education and cannot find the good jobs they were told about from Daymar Admissions, AND they must pay a huge chunk of their earnings toward the educational loans instead of buying cars, homes, clothing, jewelry, services, etc., so businesses are hurt, too.
Not Daymar, though, they stuff their banks accounts full, give out big bonuses and perks to themselves and laugh all the way to the bank while taxpayers and the students they FOOLED AND LIED TO pick up the tab. When will the KY government put this horrendous predator business out of business?
Russellville, KY
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Wednesday BEWARE daymar college is not an accredited school!!!!

White Plains, KY

#2 Apr 14, 2011
Let this shine light on one of the biggest scams pulled on America. College.
jeffery dahlmer aka tlo

United States

#3 Apr 15, 2011
not fair

United States

#4 Apr 16, 2011
This is so true I went and got ripped off never again will I attend that school

Since: Mar 11

Location hidden

#5 Apr 18, 2011
not fair wrote:
This is so true I went and got ripped off never again will I attend that school
Did you contact Bryant Law Center? It looks like you might be an online distance student and that might open up a whole new chapter in the proceedings.

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