Profit Colleges Vs Profit Colleges Essay

Senator Tom Harkin's comprehensive report on the for-profit college industry revealed this about DeVry: tuition for an associate’s degree is 10 times higher than at community colleges, it has a dropout rate of 50 percent (60 percent for online students) within a median of 3 1/2 months; spending per student of less than $3000 per year on education, about a quarter of what is spent by the University of Illinois; a CEO salary of $6.3 million, 46 times more than the president of the University of Illinois; and evidence of deceptive recruiting of students. At least two state attorneys general, Illinois and Massachusetts, are investigating DeVry.

Many of these schools provide night classes that accommodate students who have full time jobs. There are also multiple fortune 500 companies who have partnered with for-profit schools to provide educational opportunities for their employees. For-profit universities have also bought out colleges that would had to close their doors for good. Accreditation is also becoming more common among for-profit universities so some degrees will hold the same value as one from a traditional

Corporatization of colleges makes earning money the Administrator's main priority, not educating students. In the article “Foundations of Corporatization: Lessons from the Community College” by Juli A. Jones, she argues how corporatization of schools has many negative effects on the students, including the quality of the education they receive, and the raise tuition prices. “The funding crisis that fuels corporatization is particularly acute at the community college level; our funding is significantly below national levels, below our state university system levels, and below our K-12 rates” (Jones 1). What she means is many colleges, especially community colleges, lack the funding they need, and the colleges really have no choice but to turn to corporatization to stay afloat. The problem is that the focus of the college becomes making money and turning a profit; The quality of education students receives goes down, while the price of tuition goes

There are several characteristics of for-profit colleges that make them vastly different from two-year community colleges or four-year state or private universities. The first major difference is that for-profit colleges are run more like a corporation than traditional colleges. This allows them to hire professors on short-term contracts, without requiring them to gain tenure. This practice is beneficial to for-profit colleges because if the professor’s statistics are horrible, he or she could be let go of sooner without having to go through a review board process, the college could simply not renew their contract. Another difference from tradition colleges is that classes can start at for-profit schools more often and classes can continue all-year. This is due to the fact that most of the student body at for-profits schools are online students who may be located thousands of miles away from the base campus. Another major difference of for-profit colleges is that new courses can be

In general, for-profit schools cost more to attend, because they are run like businesses. And it definitely does not take a college degree to see that these high prices plus low income students equal greater risk of default. For-profit colleges began as family owned trade schools but over the years they have expanded into educational businesses that accept any student, regardless of their financial wellbeing or aptitude. On the other hand, traditional schools have neglected to notice the rising need for an education that is flexible and convenient. In his article “Why Do You Think They’re Called For-Profit Colleges,” Kevin Carey writes to an audience of higher education students and faculty to convince them the pros and cons of both traditional and for-profit schools using different rhetorical, organizational, and stylistic strategies.

Kevin Carey takes a deep look into the controversies concerning for-profit colleges. For-profit colleges have received harsh criticism from institutions because of the way they recruit new students and use the loan system to gain even more of a profit, added on to the price of schooling. Even though only 10 percent of students get enrolled, a quarter of all federal aid goes to for-profit colleges. That seems extremely unfair. Carey begins with bringing us bad news, for-profit colleges do abuse the system of student loans, however they also bring educational opportunities for those who may have not had the option to attend college.

A man in a McDonald’s uniform takes orders, and flips burgers as he thinks to himself he could’ve done much better for himself. Why would he be forced to do this? He could not afford to pay for his college and could not get a job to support himself. Education in the United States is becoming more and more expensive, and the people it is having the heaviest impact on is the graduating classes of high school students. Making public colleges have mandatory free tuition will improve the quality of living, improve the unemployed rate, and also improve parts of the economy.

"A Conveyer Belt of Droupouts and Debt at For-Profit Colleges"and "The Devil and Tom Walker" may not seem to be alike at first, but as you get to read both of these exerpts a clear theme is identified. For profit colleges are not worth the financial risk, as for-profit colleges are more geared towards taking your money, as opposed to providing you with the best education it can offer.

You ever watch television and see the commercials for colleges and hear the people say “this college changed my life” or hear that the school has classes for the major your interested in. Then you get the urge to go back to school and you see that there’s not much requirements to get into these schools as long as you have money for tuition. Those are what you call for-profit schools. Now the question is are these schools actually good for you? Can they help you in the long run or just give you classes and you’re on your own after you get the degree. I feel that for-profit schools should not be federally regulated because these colleges provide opportunities for students ignored and rejected by traditional colleges, they provide flexibility

According to the Florida Department of Education, colleges are the first option for 65% of high school graduates to access higher education, and 82% of minority students attend one of Florida’s 28 colleges. Today, MDC doesn’t face an imminent threat of new entrants. One of the main reasons is that, through the years, the college has developed brand recognition. Another one is that it has a cost advantage. No accredited higher education institution charges what the college does for an Associate or Bachelor’s degree. Also, the college open-door policy is designed to help students, who need remediation, to get the skills needed for college level classes. In addition, many adult students enroll in classes for professional development, or to prepare for a new career. Furthermore, many of them are the first in their families to attend college. Nevertheless, the Honors and Early College/Dual Enrollment Programs attract some of the best and brightest minds. Finally, the college just adds more areas of study to its already extensive programs, which increases its economies of scale.

Because of loopholes in the way federal educational funding is managed, it has caused an issue with military and veteran students being misled into going to a for-profit college. They are promised a degree equal to a community or state college, but some active duty service members’, veterans’, and family members’ have found that the credentials do not transfer to other colleges or are not recognized by all employers, which they do not find out until after they have exhausted their G.I. bill, taken out loans to cover the rest of their degree to graduate or dropped out. Senator Tom Harkin (D-IA), Chairman of the Senate Health, Education, Labor and Pensions Committee, set up a committee that conducted a two-year study on the troubling realities of For-Profit Schools, he says “In this report, you will find overwhelming documentation of overpriced tuition, predatory recruiting practices, sky-high dropout rates, billions of taxpayer dollars spent on aggressive marketing and advertising, and companies gaming regulations to maximize profits. These practices are not the exception -- they are the norm; they are systemic throughout the industry, with very few exceptions” (United States). For-profit colleges are abusing the system and taking advantage of the active duty service members’,

The for-profit college and university (FPCU) is an institutional type that “’do[es]’ education or schooling but also ‘behave[s]’ like a business, while preparing students for occupational roles (Hentschke, Lechuga & Tierney, 2010, p. 2). This paper will discuss history; cite changes in curriculum, degree offerings, and institution classification; and explore current issues of financial viability, accreditation, and fraudulent practices of the for-profit college.

Using the reputation of the school, for their profit. For Profit, vocational colleges promise faulty certifications with nine weeks of training. The Vocational school using aggressive recruiting ads on TV, containing high job placement after graduation propaganda. Students are taking out loans for college each year. The loans cover the tuition, but only if you sell your soul to your lender. Money lent and spent towards overpricing tuition and expensive books and supplies. Money is spent everywhere in schooling business. All forms of colleges are dipping their toe in the money pool. The high spike in tuition rates over the past years show, money over morals. Higher education will always be around in the world. In America and overseas prices will continue to drive up, and state officials will try to make it cheaper for the student. The only way to succeed in life is to sell your soul and go to

classes at Everest College were terrible and that she did not receive the appropriate job training. She ended up with a minimum wage job at Victoria Secret and wishing that she had never attended Everest College. Corinthian Colleges was recently accused of “operating a predatory lending scheme, preying on low-income students, and falsely inflating job placement numbers” (Ellis). It is in the process of selling most of its member colleges, leaving many of its past students responsible for the loans they took out. However, even though Corinthian Colleges is in the process of being shutdown, there are many more for-profit colleges still operating and using the same deceitful recruitment methods.

In today's society colleges take the easy route in order to make it easier on themselves when in reality they are hurting the students and in doing so damaging the work force at the same time. Colleges set the students up for failure in numerous ways. From finically, socially, and not properly preparing them for the real world. Colleges are solely responsible for these problems and it is up to them to fix it. The statistics and facts are their to prove these beliefs and it's about time changes are made to protect and aid the students.