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I guess this response is a little late but....
In my opinion they are a waste of time and money, especially if you are a hip hop or R&B producer. I went to one and the only thing I got out of it was a very, very basic understanding of protools, a whole lot of irrelevant information, and a 16,000.00 bill.
Most of these schools are sound engineering schools and they don't really teach much about music production. They attempt to teach you how to engineer.
You absolutely can learn more from youtube, other producers, and the experience of trial and error.
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