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ITT Technical Institute was a private for-profit technical institute with its headquarters in Carmel, Indiana and many campuses throughout the United States. Founded in 1969 and growing to 130 campuses in 38 states of the United States, ITT Tech was one of the largest for-profit educators in the US before it closed in 2016.
University of Phoenix (UoPX) is a private for-profit university headquartered in Phoenix, Arizona. Founded in 1976, the university confers certificates and degrees at the certificate, associate, bachelor's, master's, and doctoral degree levels. It is institutionally accredited by the Higher Learning Commission and has an open enrollment admissions policy for many undergraduate programs. The school is owned by Apollo Global Management and Vistria Group, two US private-equity firms, but is in the process of being sold. The University of Idaho announced in May 2023 its intention to acquire University of Phoenix for $550 million.
Kaplan, Inc. is an international educational services company that provides education and training services to colleges, universities, businesses and individuals around the world. Founded in 1938 by Stanley Kaplan, the company offers a variety of test preparation, professional training, career development, language training, university and student support services. The company is headquartered in Fort Lauderdale, Florida, and is a wholly owned subsidiary of Graham Holdings Company.
The Art Institutes (AI) are a collection of independently operated art schools in the United States. Since 2019, the schools have been owned by Education Principle Foundation, a non-profit that also owns South University. The Art Institutes offer programs at the certificate, associate's, bachelors, and master's levels. The Art Institutes have faced accreditation and legal issues and student loan debtors have appealed to the US Department of Education for debt cancellation through defense to repayment claims. These efforts are premised on allegations they were defrauded. The student debt group "I Am Ai" has acted as a support group for students and former students of the Art Institutes, offering advice about debt cancellation.
Perdoceo Education Corporation(PRDO) is a private company that owns four for-profit universities in the United States: American Intercontinental University, Colorado Technical University, California Southern University, and Trident University International. The company was previously known as Career Education Corporation.
Illinois Institute of Art – Chicago was a for-profit art and culinary school in Chicago, Illinois. It briefly operated as a non-profit institution before it closed in 2018. The school was one of a number of Art Institutes, a franchise of for-profit art colleges with many branches in North America, owned and operated by Education Management Corporation. EDMC owned the college from 1975 until 2017, when, facing significant financial problems and declining enrollment, the company sold the Illinois Institute of Art – Chicago, along with 30 other Art Institute schools, to Dream Center Education, a Los Angeles-based Pentecostal organization.
Corinthian Colleges, Inc. (CCi) was a for-profit post-secondary education company in North America. Its subsidiaries offered career-oriented diploma and degree programs in health care, business, criminal justice, transportation technology and maintenance, construction trades, and information technology. A remnant of the schools was owned by ECMC under the Altierus Career College brand until the last three campuses were closed in 2022.
Argosy University was a system of for-profit colleges owned by Dream Center Education Holdings (DCEH), LLC and Education Management Corporation.
The Art Institute of Colorado was a for-profit art and culinary school in Denver, Colorado. It briefly operated as a non-profit institution before it closed in 2018. The school was one of a number of Art Institutes, a franchise of for-profit art colleges with many branches in North America, owned and operated by Education Management Corporation. EDMC owned the college from 1975 until 2017, when, facing significant financial problems and declining enrollment, the company sold the Art Institute of Colorado, along with 30 other Art Institute schools, to Dream Center Education, a Los Angeles–based Pentecostal organization. Dream Center permanently closed 18 Art Institute schools, including the Art Institute of Colorado, at the end of 2018.
The Art Institute of Fort Lauderdale is a former for-profit art and culinary school in Fort Lauderdale, Florida which closed in 2018. The school was one of a number of Art Institutes, a franchise of for-profit art colleges with many branches in North America, owned and operated by Education Management Corporation (EDMC). EDMC owned the college from 1973 until 2017, when, facing declining enrollment, multiple fraud charges brought by faculty and students, and accreditation issues at some of its schools, the company sold the Art Institute of Fort Lauderdale, along with other properties, to Dream Center Education, a Los Angeles-based Pentecostal organization. Dream Center Education planned to operate the school, along with others it acquired, as a non-profit. The plan proved unsustainable, with Dream Center permanently closing 18 Art Institute schools, including Art Institute of Fort Lauderdale, at the end of 2018.
Virginia College was a private for-profit college located primarily in the southeastern United States. It offered classes, certificates, diplomas, and degrees related to specific professions such as health sciences, information technology, business, office management, and criminal justice. It also offered online degree programs.
ECPI University, or East Coast Polytechnic Institute, is a private for-profit university based in Virginia Beach, Virginia. It provides undergraduate- and graduate-level education in an accelerated format. ECPI University has six colleges with campuses in Virginia, North Carolina, South Carolina, Florida, and online. The university is accredited by the Southern Association of Colleges and Schools Commission on Colleges.
The Art Institute of York – Pennsylvania was a for-profit college, part of The Art Institutes, a system of over 35 education institutions throughout North America, providing education in design, media arts, fashion and culinary arts.
Miami International University of Art & Design is a private, for-profit art school in Miami, Florida. It is owned and operated by the non-profit Education Principle Foundation. The university is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) and is a member of the Art Institutes system of schools.
Education Management Corporation (EDMC) was a Pittsburgh, Pennsylvania-based operator of for-profit post-secondary educational institutions in the United States and Canada. The company was founded in 1962. At its peak in 2011, Education Management Corporation operated 110 schools through its higher education divisions: Argosy University, The Art Institutes, Brown Mackie College, and South University, and enrolled 158,300 students.
Lincoln Tech is an American group of for-profit postsecondary vocational institutions headquartered in Parsippany, New Jersey. Each campus is owned and operated by Lincoln Educational Services Corporation, a provider of career-oriented post-secondary education.
Education Corporation of America, headquartered in Birmingham, Alabama, was a privately held company that operated proprietary colleges across the United States. Included were three schools with 31 campuses, plus one online school and four affiliated businesses. The schools abruptly announced their closing before next semester, after ECA was denied accreditation on December 4, 2018. Closings began on December 7.
Education in Jacksonville, Florida is available through both public and private sources.
For-profit higher education in the United States refers to the commercialization and privatization of American higher education institutions. For-profit colleges have been the most recognizable for-profit institutions, but commercialization has been a part of US higher education for centuries. Privatization of public institutions has also been increasing since at least the 1980s.
For-profit colleges, also known as proprietary colleges, are post-secondary schools that rely on investors, and survive by making a profit. They include for-profit vocational and technical schools, career colleges, and predominantly online universities. For-profit colleges have frequently offered career-oriented curricula including culinary arts, business and technology, and health care. These institutions have a long history in the US, and grew rapidly from 1972 to 2009. The growth of for-profit education has been fueled by government funding as well as corporate investment, including private equity.
References
- ↑ Tia Mitchell (November 26, 2006). "The state of the art, in Jacksonville". The Florida Times-Union . Archived from the original on 2011-08-12. Retrieved October 5, 2011.
- ↑ Mark Szakonyi (September 17, 2007). "Hot market for cooks". Jacksonville Business Journal . Retrieved October 5, 2011.
- ↑ Josh Keller (August 8, 2011). "Education Management Corp. Improperly Paid Recruiters, Prosecutors Say". The Chronicle of Higher Education . Retrieved October 5, 2011.
- ↑ Tamar Lewin (August 8, 2011). "For-Profit College Group Sued as U.S. Lays Out Wide Fraud". The New York Times . Retrieved October 5, 2011.
- ↑ Danielsen, Shelby (May 11, 2015). "15 Art Institutes shut down around country". firstcoastnews.com . Archived from the original on August 13, 2015. Retrieved May 18, 2015.