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For-profit education (also known as the education services industry or proprietary education) refers to educational institutions operated by private, profit-seeking businesses. For-profit education is common in many parts of the world, making up more than 70% of the higher education sector in Malaysia , Japan , South Korea , Indonesia and the ...
For-profit colleges receive money for servicemembers and their spouses attending college while still in the military. [98] In fiscal year 2018, for-profit colleges received $181 million or 38 percent of all DOD TA funds. For-profit schools also receive money from DOD for education of military spouses. The program is known as MyCAA. [99] [100]
The number of for-profit colleges rose from about 200 in 1986 to nearly 1,000 in 2007. [57] From 1990 to 2009, for-profit colleges grew to 11.8 percent of all undergraduates. [58] For-profit college enrollment expanded even more after the 1998 reauthorization of the Higher Education Act resulted in more deregulation.
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Suncoast College of Health – Bradenton, Florida; Brandon, Florida [1] [2] UEI College – multiple campuses in California; United States University; not to be confused with American University; Universal Technical Institute – campuses in Arizona, California, Florida, Massachusetts, North Carolina, Pennsylvania, and Texas
Proprietary colleges are for-profit colleges and universities generally operated by their owners, investors, or shareholders in a manner prioritizing shareholder primacy as opposed to education provided by non-profit institution (such as non-sectarian, religious, or governmental organization) that prioritize students as project stakeholders.
Owners of the former for-profit universities — which had faced criticism, legal action or both for deceptive recruiting — were still involved in the operation of the new nonprofit schools. 2.
For-profit colleges, universities, and other educational institutions providing higher education (meaning tertiary, quaternary or in some cases post-secondary education). Most traditional public and private universities are non-profit institutions.