Like All For-Profit Colleges, MSC is Non-Selective and Targets Student Loans
Medical Sales College (MSC) accepts anyone willing and able to "invest" approximately $10,000 for a medical sales training certificate. It claims selectivity via the following reasoning:
1) MSC’s recruting arm, EliteMed, regularly places hundreds of enticing medical sales job ads all over national career boards. Their ads are so convincing that thousands of jobseekers, unaware the positions are mainly fictitious, forward them resumes.
2) Because EliteMed can only call a small percentage of the resumes they receive (under false pretenses, of course), they claim "selectivity."
Keep in mind that unlike traditional recruiters that only recruit for manufacturers, EliteMed mainly recruits students for MSC.
Also, unlike traditional recruiters which only solicit experienced medical sales reps currently working in the field, EliteMed's only recruitment criteria is that their “recruits” are willing and able to pay MSC. In reality, EliteMed Recruiting is not a recruiter at all, but a job agency that implicitly promises jobs for cash. (No desperate jobseeker "invests" $10,000 for the promise of an interview.)
Finally, the real money for MSC will come in the form of non-dischargeable student loans. If they are ever able to go public like University of Phoenix, they will have access to millions of dollars in the form of federal or federally guaranteed private student loans.
MSC grads who do not find medical sales positions are basically stuck with a highly specific medical sales training certificate that is useless for finding work in other fields. Therefore, when they default on their student loans due to lack of income from a well paying medical sales position, who do you think ultimately picks up the tab? Taxpayers.
Medical Sales College (MSC) accepts anyone willing and able to "invest" approximately $10,000 for a medical sales training certificate. It claims selectivity via the following reasoning:
1) MSC’s recruting arm, EliteMed, regularly places hundreds of enticing medical sales job ads all over national career boards. Their ads are so convincing that thousands of jobseekers, unaware the positions are mainly fictitious, forward them resumes.
2) Because EliteMed can only call a small percentage of the resumes they receive (under false pretenses, of course), they claim "selectivity."
Keep in mind that unlike traditional recruiters that only recruit for manufacturers, EliteMed mainly recruits students for MSC.
Also, unlike traditional recruiters which only solicit experienced medical sales reps currently working in the field, EliteMed's only recruitment criteria is that their “recruits” are willing and able to pay MSC. In reality, EliteMed Recruiting is not a recruiter at all, but a job agency that implicitly promises jobs for cash. (No desperate jobseeker "invests" $10,000 for the promise of an interview.)
Finally, the real money for MSC will come in the form of non-dischargeable student loans. If they are ever able to go public like University of Phoenix, they will have access to millions of dollars in the form of federal or federally guaranteed private student loans.
MSC grads who do not find medical sales positions are basically stuck with a highly specific medical sales training certificate that is useless for finding work in other fields. Therefore, when they default on their student loans due to lack of income from a well paying medical sales position, who do you think ultimately picks up the tab? Taxpayers.