TOO GOOD TO BE TRUE, BUT IT IS TRUE:
How does Praxis College do it?
First of all, It is not free.
You are just not the one paying the tuition. Praxis College is compensated $6,000 for each student enrolled from a number of Oklahoma based corporations. While our stated tuition rate with the OBPVS is $9,000 these companies get a "bulk rate" price.
We have never, in over 125 years, had our students take out soul crushing, life destroying, government or other student loans. During the years our students did pay their own tuition, we provided interest free payouts, that the student could easily pay off while in school.
Next, Tuition is not our only source of revenue.
ALL massage schools Nation-wide require the student to perform hours of service, that are charged to the public, while the student works for free. We call this what it is; “slave labor.” Of the money generated by your clinical work you are given over $7,000 as a stipend.
ADDITIONAL SOURCES OF REVENUE
All of our faculty, mentors, and staff make their livelihood doing massage, and do not have to rely on being paid to teach. Teaching should be a privilege, not an occupation. The only thing a person who does not make their living doing massage knows to teach, is how to fail at massage.
Our alumni voluntarily financially support the college. They know the value of the knowledge we have given and the value of the gifts they received from others. They frequently wish to give back. This varies by circumstance from $5 for a teacher's birthday, volunteering labor that the school is compensated for doing, to pledging a monthly group funded project like the “Keep the Light Bright” campaign started by graduates to specifically cover the college electric bill.
Since we never accept TIPs, due to the unprofessional nature of taking them. Many of our clients knowing that the student is paid, wish to support future students by donating in the student's name to the scholarship fund out of appreciation for superior service.
Our unique situation and structure keeps our expenses low. Our low overhead means we do not have to price gouge with high tuition. Some of the things that allows this are listed below.
We do not have:
- Real estate expense. We own rather than lease all of our buildings.
- A corporate board that we must report earning and profits to and pay.
- Stockholders that expect the highest return on their investment.
- Recruiters, Administrative staff that drain revenues by working on commission.
- An advertising firm, or advertising expenses. Because we do not advertise.
Our experience has proven true the old adage “Liars believe everyone one is lying to them, Scammers think they are always being scammed.”