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Want to earn $75,000 a year working as a head chef after graduation Le Cordon Bleu’s culinary program? That very Le Cordon Bleu scam is the very reason this school has had plenty of time in court in recent years. Students of Le Cordon Bleu were misled into believing that the average income would be $75,000 for those graduating the program when the reality is that most ended up working for $8-12 per hour in entry positions where no degree was required. False and inflated job prospects and salaries were used to entice students into enrolling in these $22,000 to $50,000 programs which left them with no real career prospects. Career prospects which are available they could have gotten as new entries with little to no experience without getting stuck with student loans in default they can’t afford to pay back.
This Cordon Bleu scam lured students into enrolling into the program by inflating salary figures from the $28,333 of a new pastry chef to an incredible $75,000, when in reality most exiting students only find work as an entry level line chef. Le Cordon Bleu lawsuits and class action suits have reached well over 1,000 with approximately $40 million paid out in settlements with students for claims that the culinary school mislead students, doctored statistics and expected salary ranges, and lied to students by stating their educational program would mean their students had professional and financial advantages over other schools with similar programs.
With so many students in student loan default working minimum wage entry jobs after graduating from Le Cordon Bleu and finding themselves in student loan default, these scam victims are face with neither improved job prospects nor financial advantages. Instead, students are left in a position where they can’t pay back their loans, can’t take further loans to further their education, have difficulty getting mortgages or car loans, and are considered a loan risk by most financial institutions.
Students not part of the $40 million in settlements find themselves placed in the position where the only help they can receive is through student loan debt relief programs. These programs can help students to reduce the overall cost of the amount borrowed through settlement or by reducing their monthly payments to more affordable amounts. While not an ideal position to be in, this can make a huge difference to those drowning in debt.
In the meantime, Le Cordon Bleu culinary school is still open for business and is still offering the programs which got so many students way over their heads in loan obligations with few job prospects they couldn’t have managed on their own without an education in the field. Due to the negative association with Le Cordon Bleu, many reviewers indicate that they don’t include their education on their resume due to the bad taste this school has left in so many people’s mouths. What promised to be an education leading to the position of head chef or head pastry chef has earned people a $50,000 degree to find employment anyone off the street could manage to attain on their own for free.
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If you feel you were defrauded by the school you attended or you are being treated poorly as a distressed borrower by your creditors, take the free challenge debt review to find out what options you have regarding your student loans.