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New York Times pages devoted to unveiling the messiness and potentially fraudulent claims made by many for-profit trade schools, including the Le Cordon Bleu college of Culinary Arts here in Portland: 3
Le Cordon Bleu tuition: $41,000
Amount of time spent at school: 15 to 21 months
Promises of post-graduate stability from recruiter: 1
Debt carried by student halfway through program: $10,000
Amount of post-graduate income implied by recruiter, per hour: $18.36
Typical post-graduate income, per hour: $10
Oregon's minimum wage, per hour: $8.40
Number of hours of work it would take to pay off typical student debt: 1000
Equivalent number of eight-hour workdays: 125
Alternate contacts given the New York Times by Le Cordon Bleu: 4
Contact with wrong number: 1
Contact who had graduated fifteen years ago: 1
Finance charge assessed by Le Cordon Bleu to student TJ Williams: $7,327
Refinancing help given by Le Cordon Bleu: 0
People whose lives are getting screwed: exact figures unknown.
·In Hard Times, Lured Into Trade Schools and Debt [New York Times]