Community College Offers Money-Back Guarantee

What’s the point of going to college if you can’t find a good job after all that education? So, to put its money where its mouth is, the Lansing Community College in Michigan is offering a money-back guarantee to its students:

Beginning in May, people who take six-week courses in certain subjects will be guaranteed a job within a year — or else they’ll be refunded their tuition money.

It’s a radical idea, particularly for a school located in Lansing, Mich., where unemployment sits at 11.7%. Lansing Community College, the third largest community college in the state, has 30,000 students a year but is looking for more. The new money-back guarantee will apply to the four most in-demand technical jobs in the area: call-center specialists, pharmacy technicians, quality inspectors and computer machinists.

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