This is one of the biggest white collar scams in America. Especially the for profit institutions like university of phoenix online etc are just a rip off. Part of the reason for this is that most of the fees are through loans that are backed by the Federal government. I've read some stories where students taking courses such as music at these for profit institutions piled up so much debt that it's almost impossible to pay it back in full.
http://finance.yahoo.com/news/Americas-College-Bubble-Next-prnews-3648512208.html?x=0&.v=1&.pf=banking-budgeting&mod=pf-banking-budgeting
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