http://www.nytimes.com/2010/03/14/business/14schools.html
The gist of the article is that trade schools are becoming increasingly poplular in our down economy, and that many of them deceptively market themselves, to put it nicely. Far too many students graduate from these outfits with tens of thousands of dollars of debt and zero job prospects.
When I was 19 years old, I decided to take the "spiritual" and "theocratic" route by foregoing a college education in favor of a quick trade school program. The Society was really pushing 1 to 2 years programs at the time. The CO was delighted by my decision and I received kudos from many prominent elders in my circuit.
The only problem was that I couldn't find a job after I got out and found myself saddled with $10,000 of debt (this was back in the late 90s). It wasn't an altogether negative experience. It provided one more piece of evidence that the Society was not what it claimed to be and it led me to enroll in community college. Ten years later, I now have undergraduate and post-graduate professional degrees under my belt and a nice career.
The WT doesn't warn members of the risks outlined in the article linked to above. They simply push kids into trade schools (not college!). I was a young, naive follower at the time and lacked the life experience necessary to properly evaluate this decision. I honestly had no idea of the risks involved in pursuing the trade school path. If any JWs were aware of the risks, they never alerted me, maybe because they feared being viewed as spiritually weak for criticizing a WT recommendation.