Related Research Articles
Strayer University is a private for-profit university headquartered in Washington, D.C. It was founded in 1892 as Strayer's Business College and later became Strayer College, before being granted university status in 1998.
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.
The University of Arizona Global Campus is a public online university affiliated with the University of Arizona. The university announced a deal to acquire Ashford University in 2020 and completed the deal in 2023.
WyoTech, formerly known as Wyoming Technical Institute, is a for-profit, technical college founded in Laramie, Wyoming in 1966. WyoTech provides 3 core programs and 6 specialty programs that prepare students for careers as technicians in the automotive and diesel industry.
National American University (NAU) is a private for-profit online university. It is owned by National American University Holdings, Inc. (NAUH). In 2018, NAU acquired the assets of Henley-Putnam University and now offers strategic security programs. Most of NAU's academic programs are on the 11-week quarter system and have monthly starts. The school is accredited by the Higher Learning Commission.
Walden University is a private for-profit online university headquartered in Minneapolis, Minnesota. It offers bachelor's, master's, doctoral, and specialist degrees. The university is owned by Adtalem Global Education, which purchased the university in August 2021. The institution is accredited by the Higher Learning Commission.
The Art Institute of Pittsburgh was a private art college in Pittsburgh, Pennsylvania. The school emphasized design education and career preparation for the creative job market. It was founded in 1921 and closed in 2019.
College tuition in the United States is the cost of higher education collected by educational institutions in the United States, and paid by individuals. It does not include the tuition covered through general taxes or from other government funds, or that which is paid from university endowment funds or gifts. Tuition for college has increased as the value, quality, and quantity of education have increased. Many feel that increases in cost have not been accompanied by increases in quality, and that administrative costs are excessive. The value of a college education has become a topic of national debate in the U.S.
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.
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships, which are not repaid, and grants, which rarely have to be repaid. Student loans may be discharged through bankruptcy, but this is difficult. Research shows that access to student loans increases credit-constrained students' degree completion, later-life earnings, and student loan repayment while having no impact on overall debt.
Student debt refers to the debt incurred by an individual to pay for education-related expenses. This debt is most commonly assumed to pay for tertiary education, such as university.
There is concern that the possible higher education bubble in the United States could have negative repercussions in the broader economy. Although college tuition payments are rising, the supply of college graduates in many fields of study is exceeding the demand for their skills, which aggravates graduate unemployment and underemployment while increasing the burden of student loan defaults on financial institutions and taxpayers. Moreover, the higher education bubble might be even more serious than load of student debts. Without safeguards in place for funding and loans, the government risks creating a moral hazard in which schools charge students expensive tuition fees without offering them marketable skills in return. The claim has generally been used to justify cuts to public higher education spending, tax cuts, or a shift of government spending towards law enforcement and national security. There is a further concern that having an excess supply of college graduates exacerbates political instability, historically linked to having a bulge in the number of young degree holders.
Fortis College is a private for-profit college with multiple campuses throughout the United States. It was established in 2008 and is operated by Education Affiliates and owned by JLL Partners.
Herzing University is a private, non-profit university with multiple locations throughout the United States, including an Online division. The university offers associate, bachelor’s, master’s, and doctoral degrees in addition to certificates and diplomas across several key program areas, including nursing and healthcare, behavioral health, business, and technology.
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, and more recently with online program managers, but commercialization has been part of US higher education for centuries. Privatization of public institutions has been increasing since at least the 1980s.
Lisa Gelobter is a computer scientist, technologist and chief executive. She was the Chief Digital Service Officer for the United States Department of Education.
Higher education in the United States is an optional stage of formal learning following secondary education. Higher education, also referred to as post-secondary education, third-stage, third-level, or tertiary education occurs most commonly at one of the 3,899 Title IV degree-granting institutions in the country. These may be public universities, private universities, liberal arts colleges, community colleges, or for-profit colleges. Learning environments vary greatly depending on not only the type of institution, but also the different goals implemented by the relevant county and state.
James Richard Kvaal is an American attorney and education policy advisor who is the current under secretary of education in the Biden administration. Kvaal previously served in the United States Department of Education and White House Office during the Obama administration.
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
- ↑ Cory Turner (2015-09-12). "President Obama's New 'College Scorecard' Is A Torrent Of Data : NPR Ed". NPR. Retrieved 2016-04-21.
- ↑ "Obama's New College Scorecard Adds New Dimension to Existing Rankings". The Atlantic. 2015-09-15. Retrieved 2016-04-21.
- ↑ Stratford, Michael. "Obama administration publishes new college earnings, loan repayment data". Insidehighered.com. Retrieved 2016-04-21.
- ↑ "Hundreds of colleges missing from Obama's College Scorecard?". The Washington Post . 2015-10-15. Retrieved 2016-04-21.
- ↑ Rothwell, Jonathan. "Understanding the College Scorecard | Brookings Institution". Brookings.edu. Retrieved 2016-04-21.
- ↑ Lobosco, Katie (2015-09-12). "College scorecard: The White House likes these colleges best - Sep. 12, 2015". Money.cnn.com. Retrieved 2016-04-21.
- ↑ McPherson, Peter (2016-03-16). "The College Scorecard Strikes Out". WSJ.com. Retrieved 2016-04-21.
- ↑ "Recommendations for the College Scorecard". Insidehighered.com. 2016-02-18. Retrieved 2016-04-21.
- ↑ "Obama's College Scorecard Shows Pell Grant Data Problem". Usnews.com. 2015-10-08. Retrieved 2016-04-21.
- ↑ "Obama College Scorecard". Huffingtonpost.com. Retrieved 2016-04-21.
- ↑ Jaschik, Scott (8 February 2022). "College Scorecard Has More Information". Inside Higher Ed . Retrieved 19 March 2022.
- ↑ Cory Turner (15 February 2022). "Want to find an affordable college? There's a website for that". NPR.