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For-Profit Colleges Improve Their Financial Grades

While for-profit schools as an industry suffer from a legacy of recruiting violations and continuing concerns about instruction quality, they account for 7% of post-secondary enrollment, according to a recent report by JPMorgan analyst Andrew Steinerman. They served 2.8 million students in the 2006-07 school year in degree and non-degree programs and are challenging community colleges for students who want to develop specific workforce skills. No longer content with novices in computer technology and seekers of entry-level business certificates, the for-profits are now racing to stake claims in such growth industries as health care. Read more…


Publish date: August 13, 2008