Many institutions publish inflated salary and employment statistics, hiding fine print that shows most alumni earn far less than advertised. For example, one for-profit college chain advertised a 90% job placement rate, while the actual rate was just 32% after six months. This practice is 20% more misleading than the average vocational school disclosure, as defined by federal gainful employment audits. The data gap costs graduates an estimated $15,000 in annual earnings overpayment compared to realistic projections, a loss that compounds over a 30-year career.

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