Do non-traditional educational programs lead to higher paying jobs in the workforce?

Do non-traditional educational programs lead to higher paying jobs in the workforce? Do they lead to jobs employees are not able to handle? Do even the better non-traditional programs like the Pepperdine MBA program generally lead to higher paying jobs?

Presently there is a lot of information coming out showing non-traditional educational programs primarily benefit the for profit institutions that offer the programs because their revenues are largely government financing students may never be able to re-pay.  While some students may obtain high paying employment as a result of these programs the vast majority do not, and end up with educational debt they will not be able to repay in ten years let alone twenty.

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