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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 ...
[131] [18] The for-profit education industry has spent more than $40 million on lobbying from 2007 to 2012. [132] and $36 million since 2010. [133] For-profit education lobbying grew from $83,000 in 1990 to approximately $4.5 million in its peak year of 2012. [134] In 2019, colleges and universities spent almost $75 million in federal lobbies ...
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.
But if forced to, I would have to say that August 2010 was when the gravy train that for-profit education had. It's difficult to identify turning points for an industry and say: "That's when ...
One of the rumored issues circulating the Occupy Wall Street protest has been that of student loans debt, which has continued to grow throughout the financial crisis. Although no formal poll or ...
I have been following the for-profit education sector for a number of years now. In that time, I've been convinced that many of the major players weren't offering much value to students -- instead ...
Historically, for-profit education has offered open admissions to non-traditional students, convenience of schedule and location, instructors with workplace knowledge, and real world vocational training rather than traditional training. Critics of Wall Street-backed for-profit educators, however, have questioned these perceived benefits.
While not the biggest issue facing America, the damage wrought by the for-profit education industry is still something which urgently deserves attention from Washington. In the previous ...