Article- For- Profit Colleges Change Higher Education's Landscape by Robin Wilson
Summary- This article talks about how the number of for profit colleges has sky rocketed over the past few years and the rise is showing no signs of slowing down. Also enrollment in these for profit colleges has grown by an average of nine percent per year over the last three decades. The reason that there is such a big rise in these fr profit colleges is because they bring in a lot of money by attracting unprepared students into their institutions and making them take out a considerable amount of loans. By doing this these for profit colleges make an enormous amount of money and that is why the growth rate has been unbelievable in the past few decades.
Quotes-
"Enrollment in the country's nearly 3,000 career colleges has grown far faster than in the rest of higher education—by an average of 9 percent per year over the past 30 years"
"Yet most professors and administrators on traditional campuses continue to dismiss for-profit colleges as inferior alternatives that cost too much, consume more than their fair share of federal student aid, and turn out unprepared graduates who default on their student loans"
"Just over 30 years ago, fewer than 100,000 students attended for-profit colleges and universities"
"Of the roughly 3,000 for-profit institutions, 40 percent are now owned by one of 13 large, publicly traded companies"
Key terms-
traditional higher education- The purpose of traditional education is to transmit to the next generation those skills, facts, and standards of moral and social conduct that adults deem to be necessary for the next generation's material and social success
For- profit sector- for the purpose of making a profit
Works Cited- Wilson, Robin. For-Profit Colleges Change Higher Education's Landscape . 7 Feb. 2010. 15 Oct. 2013
Summary- This article talks about how the number of for profit colleges has sky rocketed over the past few years and the rise is showing no signs of slowing down. Also enrollment in these for profit colleges has grown by an average of nine percent per year over the last three decades. The reason that there is such a big rise in these fr profit colleges is because they bring in a lot of money by attracting unprepared students into their institutions and making them take out a considerable amount of loans. By doing this these for profit colleges make an enormous amount of money and that is why the growth rate has been unbelievable in the past few decades.
Quotes-
"Enrollment in the country's nearly 3,000 career colleges has grown far faster than in the rest of higher education—by an average of 9 percent per year over the past 30 years"
"Yet most professors and administrators on traditional campuses continue to dismiss for-profit colleges as inferior alternatives that cost too much, consume more than their fair share of federal student aid, and turn out unprepared graduates who default on their student loans"
"Just over 30 years ago, fewer than 100,000 students attended for-profit colleges and universities"
"Of the roughly 3,000 for-profit institutions, 40 percent are now owned by one of 13 large, publicly traded companies"
Key terms-
traditional higher education- The purpose of traditional education is to transmit to the next generation those skills, facts, and standards of moral and social conduct that adults deem to be necessary for the next generation's material and social success
For- profit sector- for the purpose of making a profit
Works Cited- Wilson, Robin. For-Profit Colleges Change Higher Education's Landscape . 7 Feb. 2010. 15 Oct. 2013
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