There are pros and cons about the College Program. Most of the bad things you are going to hear about the College Program are true, to a certain extent.
Yes, the pay is "bad."
Yes, you will work, a lot.
Yes, the hours aren't the best.
Yes, the housing people are kind of .
As deterring as these fact are (and they are subjective, which I will cover in a moment), you need to keep one thing in mind: You are in Walt Disney World. You will be working for the most visitied place in the world. You will be making magic for thousands upon thousands of guests daily. You will be a Cast Member!
The aformentioned drawbacks aren't nearly as bad as some will have you believe, really. The pay is certainly not a lot, but being paid to be in Walt Disney World sounds pretty good to me. I didn't mind the hours I workd (usually 30-35 a week), but they can get crazy (my brother was scheduled 60 this week at RnRC). And yes, the people who govern the housing complexes can be a bit (no open windows, for example), but honestly, when you consider that you are being provided housing at a fraction of what it costs in the real world, the deal is pretty sweet. Factor in that you are provided free transportation if you need it, and it is not bad at all.
The Disney name on your resume will do you wonders; employers know that Disney is tops. You can earn college credit and take classes from Disney on management, personal branding/marketing, etc. You recieve a 20% discount on all merchandise (and a higher discount during the holidays), not to mention discount all over Orlando (I can't tell you how many times asking stores if they offered a "Cast Member discount" saved me money.
Finally, what you must consider when making the decision to miss a semester of school to do this:
YOU GET INTO THE PARKS FOR FREE!!! I mean, you're on this website because you love Walt Disney World; this is your ticket in, literally! And trust me, you will know so many people and make such long lasting friends that you will probably never wait in line again ;-)