Another Cooking School Success Story
"For the next 20 years, Matt Foist will be paying off his $46,000 in cooking-school loans, and all he says he has to show for it is a useless chef's diploma, a nice set of knives - but no job.
He said he'd be lucky to make $15 an hour in the culinary world, even though the school told him he would land jobs with annual salaries of $45,000. So he's gone back to his software career.
The 46-year-old, who believes he was scammed by San Francisco's California Culinary Academy, is one of the representatives of a class-action lawsuit in which a $40 million settlement offer from the cooking school is pending."