For-profit colleges such as the University of Phoenix and Kaplan University offer an alternative to traditional two-year and four-year non-profit institutions by focusing, if their rhetoric is to be believed, on learning “relevant material you can apply immediately to your workplace.” With the rise in unemployment and the difficulties college grads are experiencing securing jobs, for-p...
The nation seems to have suddenly awoken to the reality that for-profit academic institutions are a force to be reckoned with. For so long, they have been ignored as inconsequential, second-rate competition, and vilified for their greed and lack of quality. Two events seemed to have changed their image into something far more formidable: the realization that government-sponsored financial aid goes...
