How Do For-Profit Colleges Earn (and Spend) Money?

diwant's picture

For-profit colleges like the University of Phoenix have been taking a lot of heat because of their conflict of responsibility to students and education versus their responsibility to investors and business.  Reason.com talks about this debate on education for profit and from their discourse and from discussions with the education industry I have created the below visual of how for-profit colleges earn and spend money

 

For-profit college cashflow

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