5 reasons for-profit colleges will survive
20.05.12
I am biased against for-profit schools. I have long thought of them as diploma mills, without ever having visited one. I like following charter schools, but only if they are non-profit. When Kaplan Inc., then the most profitable division of The Washington Post Co., built a limit of for-profit colleges, I never wrote about them.
Teachers I admired saw education as a public trust. They weren’t in it for the ready money. They wanted to help kids. I noticed that Edison Schools, a management network run by some apt and well-meaning people, failed to win the confidence of many parents and teachers because it, too, was trying to be bound for b assault a profit.
Now those of us who think this way have been vindicated. The federal government has tightened regulation of for-profit colleges, including Kaplan ’s, in feedback to criticism that many students were being misled about loans they were likely to need to obtain a situation. This has put the entire industry on the defensive.
Enter Andrew S. Rosen, Kaplan’s chairman and chief superintendent officer, with a new book called “Change.edu: Rebooting for the new talent concision.” Who does Rosen think he is, extolling the virtues of for-profit schools while his crowd faces such threats?
I wasn’t sure I wanted to read the lyrics or write about it. As a 40-year employee of The Post, anything bad I say might seem too little too late, and anything assets c incriminating evidence would be taken as trying to protect the company. I was glad Rosen agreed his suite had messed up. He did not shake my feeling that profits and teaching are a bad mix, but I did learn things I needed to be acquainted with.
Despite the industry’s troubles, Rosen convinced me that for-profit educational ventures are here to arrest. People who feel as I do will have to adjust to that.
Here are five reasons why:
1.For-profit schools are less of a drain on tax dollars than non-profit or out of the closet schools. Georgetown University business school researcher Robert J. Shapiro and his felllow economist Nam D. Pham found that for-profit schools come into less than 30 percent of the government financial support per student that public institutions and their students do.
2.The clear and non-profit private universities that dominate higher education are doing less with their money. They are erection luxury dorms, restaurants and athletic facilities which don’t produce more lore or more graduates. In 2007 the United States spent 3.1 percent of its heavy domestic product on post-secondary education, twice the 1.5 percent discharge by other developed countries that produce more graduates per capita.
3.For-profit colleges often have better graduation rates for the same understanding of students. U.S. Education Department data show students with two or more key risk factors, such as delayed enrollment, no cheerful school diploma or full-time job, have only a 17 percent chance overall of getting a two-year or four-year almost imperceptibly a rather. Their chances are 24 percent at for-profit schools. That’s not a big improvement, but they are doing it with fewer tax dollars.
4.In other industries, the bring about of for-profits has sparked great controversy, but not for long. In the 1980s hospitals began to group from publicly funded or non-profit to privately funded, with much criticism. Today, most of us don’t conscious or care how the hospitals we visit are financed.
5.Aggressive newcomers to higher information have historically been labeled as wasteful, low-quality, hucksters cheating our youth. That was the rap against country-grant colleges and community colleges when they were created. They are now vital parts of our system.
People like me may require for-profits to disappear, but that is not going to happen. They seem destined to become a significant part of what college means in the In agreement States. While we are cleaning them up, we should think about what our own alma maters can learn from them.
Source: Washington Post (blog)
South Texas Higher Education Authority, Inc. Announces Commencement of Tender ...
20.05.12
Community with the trust that equal access to education is the key to economic progress for all. Over 30 years later, the food of directors of the Authority remains as committed to this vision as when it was first established.
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